Franchise Purchase Agreement Does Anyone Know Why Bank Of America Won't Finance An Auto Loan For An Independent Used Car Dealer?

Does anyone know why Bank of America won't finance an auto loan for an independent used car dealer? - franchise purchase agreement

I asked for a car loan and was approved, but once I sent my loan to buy my boss told me that the car only loans to dealers free of finance - not independent car dealers. I know the car and the merchants are in order. I have the Carfax report on the car and I had a mechanic look. Frustrated!