The top 4 benefits of community banking for small businesses
As a small business owner, you want to work with a bank that keeps you and your business in mind. Here are the top four benefits of choosing a community bank for your small business:
Faster decisions
Because community banks are local, they can get back to you faster about important decisions like financing and loans. They do not have to go through a corporate headquarters half the country away. With a faster turnaround, you can get what you need when you need it.
Personalized attention
At a community bank, we know you and your needs. If you need to fund the growth of your business, make a business plan, or get financing for essential equipment, your local professionals at 1st Advantage Bank will personally work with you to guide you through any application, loan, or account you need.
Lower fees and better rates
Unlike large, national chain banks, community banks tend to offer more free accounts, have better rates, and lower fees. When community banks make fee structures simple and easy to use, small business owners can more easily maximize their cash flow. By keeping more money in the accounts of small businesses, that money can be used as a direct investment back into the community.
Give back to the community
Community banks are intricately tied to their local economy. They understand the area and information like property values to help small business owners like you succeed. A small business’s money also goes back into the local community to help it grow and thrive.
At 1st Advantage Bank, we’re here to serve you
Contact us today to become part of the community