Business Services

Silver State Bank provides its customers with a quality of service and commitment that is lacking at many other financial institutions. Our officers and employees live here in the community and are well-acquainted with the economic environment and the needs of local businesses.

We are optimistic about the future of Southern Nevada and believe Silver State Bank will be a catalyst for the community's continued prosperity. We look forward to the opportunity and privilege of serving you as a customer.

Silver State Bank offers a variety of business financial services:

Small Business Checking

• Open with a $100 minimum deposit
• No monthly service charge and ATM/Visa debit card
• Per item fees in excess of 100 debits, 20 deposits and 75 deposited item per month

Back To Top

Commercial Analyzed Checking Account

• A non-interest-bearing account designed for business customers with multiple accounts and/or moderate to heavy checking account activity
• Open with a $100 minimum deposit

Each month we compare the cost of servicing your account (Analyzed Charges) with the Earnings Credit of your collected dollars on deposit. The Earnings Credit is calculated by multiplying your average collected balance (minus the 10% Federal Reserve requirement) by the earnings credit rate for the period. The Earnings Credit is used to offset the Analyzed Charges for the month. Unlike interest, Earnings Credit does not accumulate from month to month. It does reduce your service charges for the current month. A complete schedule of the Commercial Banking Service Fees is available from the bank.

Multiple Commercial Analyzed Checking Accounts can be placed into a Group Analysis that will summarize information for all of a business' accounts.

Back To Top

Business Money Market Account

• Open with a $2,500 minimum deposit
• $20 monthly service charge
• Waived for accounts with daily balance of $2,500 and over
• Up to six withdrawals per month with no more than three by check

Back To Top

Premier Business Money Market Account

• Open with a $100,000 minimum deposit
• $20 monthly service charge
• Waived for accounts with daily balance of $100,000 and over
• Up to six withdrawals per month with no more than three by check

Back To Top

Business No-Penalty CD

• Open with a $5,000 minimum deposit
• Interest will be compounded monthly and credited to the account every month
• If the account is closed before interest is credited, accrued interest will not be paid
• Interest rate and annual percentage yield are guaranteed for 9 months

Back To Top

Important Information About Procedures for Opening a New Account

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.

What this means to you: When you open an account, we will ask for your name, date of birth, and other information that will allow us to identify you. We may ask to see your driver's license or other identifying documents.

Back To Top

Commercial Loans

A close working relationship with a trusted bank is essential to the success of a modern business. Silver State Bank's experienced loan professionals will help you keep your financial footing. Our many commercial loan services include:

• Lines of Credit
• Equipment Loans
• Term Loans
• Real Estate Construction and Take-Out Loans
• Stand-by Letters of Credit

Back To Top

Small Business Administration Lending

For most small businesses an SBA loan is the most advantageous financing available. At Silver State Bank you have the advantage of working with experienced loan officers qualified to guide you through the SBA loan application and approval process.

An SBA loan offers you two main advantages:

• Longer term
• Lower equity/down payment requirements

Silver State Bank is a member of SBA's Preferred Lender Program (PLP). This is a program developed by the SBA for it's most active and proficient SBA lending partners.

The Preferred Lender Program allows us to make the credit decision on most requests subject only to a brief eligibility review by the SBA PLP center. This program allows Silver State Bank to answer your SBA loan request quickly and efficiently. Faster answers means quicker loan commitments and loan documents for our customers.

Silver State Bank clients have used an SBA loan to:

• Purchase or construct a building
• Buy machinery and equipment
• Purchase an existing business
• Augment working capital
• Refinance debt and balloon payments
• Start a franchise or a new business
• Remodel/renovate
• Increase inventory
• Expand operations

Silver State Bank is authorized to process SBA/7a, 504, and fast Low Doc guaranteed loans.

Whatever your loan requirements, we invite you to request more information about how Silver State Bank can help you with financing to meet your business needs.

Back To Top