Bank of America Business Capital provides asset-based lending and loan syndication services in the United States, Canada, and Europe. The company’s asset-based loans offer financing solutions for various uses, including working capital, acquisition, turnaround financing, capital expenditures, debtor-in-possession financing, growth, recapitalization, refinancing/restructuring, buyout, and leveraged employee stock ownership plans. It also offers senior stretch financing, senior secured second lien, high yield debt, junior secured loan, mezzanine financing, trade name leveraging, foreign exchange, and cash management services. The company serves manufacturers, wholesalers, distributors, and service businesses. Bank of America Business Capital was formerly known as Bank of America Business Credit. The company is headquartered in Glastonbury, Connecticut with additional offices in Seattle, Washington; San Francisco, Pasadena, and San Diego, California; Denver, Colorado; Dallas, Texas; Kansas City, Missouri; Waukesha, Wisconsin; Chicago, Illinois; Rochester and New York, New York; Cleveland, Ohio; Charlotte, North Carolina; Atlanta, Georgia; Boston and Springfield, Massachusetts; Philadelphia, Pennsylvania; Cherry Hill, New Jersey; Toronto, Canada; and London, the United Kingdom. Bank of America Business Capital operates as a subsidiary of Bank of America Corporation.