TYPES AND TERMS

  • Secured or unsecured
  • Equipment financing
  • Variable term varies based on type of credit line        

 

PURPOSE

  • Working capital
  • Finance receivables and inventory
  • Run marketing programs
  • Fund investments
  • Meet short-term cash needs

 

BENEFITS

  • Increase your working capital
  • Improve your liquidity
  • Save money by only borrowing funds when you need them

 

REQUIREMENTS FOR LOAN REQUESTS

  • A line amount between $5,000 to $50,000
  • A term up to 36 months
  • The current ownership of the business should be more than 24 months
  • The business should not be owned by another business entity
  • The business should currently have less than $250,000 in loans with our bank

 

BEFORE YOU APPLY ONLINE, YOU WILL NEED

  • To be an authorized officer of the business
  • To be at least 18 years old
  • To be a business located in Nevada
  • Your Tax Identification Number(s) (SSN / TIN)
  • An email address for all individuals with 20% ownership in the business
  • The revenue and income information of the business
  • The average balance in your business bank account(s)
  • The total debt and monthly debt payments for the business

 

NEED ADDITIONAL HELP?

Which Business Line of Credit is best suited to your financing needs? Speak to a Nevada State Bank representative or schedule an appointment today.

 

Northern Nevada

Tiffanie Rhodes

775-686-7154

Tiffanie.Rhodes@nsbank.com

 

Southern Nevada

Dawn Platt

702-706-9580

Dawn.Platt@nsbank.com

 

Disclosures