Small Business Banking
Bankers Trust will partner with you to help you achieve business and personal financial success. Learn more about our products and services for small businesses, including deposit accounts and cash management, as well as lending, including Small Business Administration (SBA) lending.
Small Business Deposit Accounts
Deposit Products
We offer checking and savings account options designd to support your business’s deposit needs today and in the future. Perfect for side gigs, and individuals running a business by themselves or with a small team. Here are a few benefits of our various accounts:
Business Select Checking Account
- Low-to-medium transaction volumes
- Initiating ACH and wire capabilities
Business Regular Savings Account
- Low minimum balance requirement
- Competitive interest rates
NEW Business Choice Checking Account
- Uniquely designed for businesses with low transaction volumes
- Low-cost, low-fee checking account
- Less documentation needed to open an account
- Access to internet and mobile banking tools
- Deposit account reporting
- Check or deposited item images
- 25 free bill pay transactions per month
- Visa debit and gift cards
- Funds transfers
- Alerts and other notifications
In addition, all small business customers have access to helpful tools, including:
Online Banking
Bill Pay
Mobile Deposit
Small Business Cash Management
Bankers Trust has the capabilities to support your cash management needs, with enhanced technology including ACH, sending wires from your desk and other debit and credit card capabilities.
Card Services
- Business Credit Card – The Bankers Trust Business Credit Card helps employees make purchases efficiently and provides a detailed statement for tracking.
- Business Debit Card –The Bankers Trust Business Debit Card allows you to set different limits for cardholders. These cards are a secure and convenient way to manage your money and can be instantly issued from our branch locations.
- Gift Cards – Reward employees with a Bankers Trust Visa Gift Card. Custom messaging can be requested when ordered in bulk.
Small Business Lending
Our proactive expertise can help meet your business lending needs. Whether it’s funding equipment and renovations, or providing working capital, we’re here to support you. Here are a few benefits of partnering with Bankers Trust:
- Loan decisions made locally with next-day answers
- Quick and simple application process
- Less documentation needed to apply for a loan
SBA Lending
Bankers Trust also has the ability to offer Small Business Administration (SBA) loans to businesses with special circumstances, including:
- Loans involving a higher element of risk
- A possible collateral shortfall
- Repayment based on projected income
The SBA’s lending programs help small businesses secure loans for up to $5 million. Loans can be used for a variety of business growth and expansion needs.
SBA Lending Contacts
Alex Demkiw
VP, Government Guaranteed Lending Manager
201 1st St. SE
Cedar Rapids, IA 52401
(319) 866-7231
[email protected]
Ready to get started?
Contact a branch near you.