Small Business Loans in Nevada

While Nevada is known for the bright lights of the Las Vegas strip, casinos aren’t the only game in town. Small businesses make up a good portion of the state’s commerce. 

Whether you own a small boutique, manage a local restaurant, operate in sales or some other capacity, sometimes you need a boost of capital to keep things running smoothly. 

If you’re in search of financing, here are a few lenders offering small business loans in Nevada as well as resources you can turn to for assistance.

Nevada is home to more than 283,000 small businesses, which employ nearly 503,150 workers, according to the Small Business Administration (SBA). It’s also listed as the top state for infrastructure by U.S News & World Report, which considers factors such as road quality, bridge quality and use of renewable energy. 

Some of the biggest industries in the state include the following:

• Tourism
• Agriculture
• Manufacturing
• Mining

1. U.S. Bank

U.S. Bank has more than 70 branches in the state. It was rated a 2021 Best Bank in Nevada by WalletHub, where it has earned a 4-star rating from roughly 21,700 reviewers. Additionally, this institution is accredited with the Better Business Bureau, where it has an A+ rating.

Whether you’re looking for SBA loans in Nevada or another type of financing, you’ll find it here. Available options include these:

• Business term loans
• Business credit cards
• Equipment financing
• Vehicle loans
• Practice financing
• Commercial real estate loans
• McDonald’s franchise financing

2. Zions Bank

This SBA Nevada lender was named one of 2021’s best banks by WalletHub. Nearly 2,200 reviewers on the site gave the institution a 4.4-star rating, too. 

Small business financing available includes the following:

• Factoring
• Business term loans
• Business line of credit
• Commercial real estate loans
• Farmland and ranch loans
• Professional practice financing
• Business equipment leasing

3. CIT Bank

This bank’s slogan is “Turning ideas into outcomes for over a century.” Today, it’s recognized as one of the top banks in the state by WalletHub. It’s also earned a 4.3-star review on Bankrate and a 4-star NerdWallet review. 

Find Nevada SBA loans here and these financing options:

• Factoring
• Franchise financing 
• Equipment financing
• Working capital loans
• Supply chain financing

4. Bank of Nevada

Bank of Nevada isn’t only accredited by the BBB, but it’s earned the organization’s A+ rating too. On WalletHub, the bank has earned a 3.8-star reviewer rating. 

• Secured business loans
• Revolving lines of credit
• Commercial credit cards
• Equipment financing
• Commercial real estate loans
• Hotel franchise financing
• Mortgage warehouse lending
• Technology financing
• Securities-based lending

5. Axos Bank

Axos Bank was founded in 2000 and today is listed as No. 27 on Forbes’ America’s Best Bank list. It’s also earned a 4-star rating from NerdWallet.

Here, you’ll find the following loans:

• Construction loans
• Equipment financing
• Lender financing
• Residential warehouse lending
• Commercial real estate lending
• Commercial lines of credit
• Commercial term loans

While a bank may be the first place you think of when you start your search for a business loan, there are other ways to access capital. 

Online nonbank lenders offer fast, convenient alternatives to conventional bank loans, such as merchant cash advances and other short-term funding options. 

Typically, these types of lenders have less stringent requirements for approval. Borrowers can expect more frequent repayment installments, shorter terms and higher interest rates, though.

• Applying for Business Funding in Nevada Through Fast Capital 360

  Whether you’re in search of Nevada merchant cash advances or SBA loans, let us help you find the financing you need to support your business operations. 

  Here’s how you’ll benefit:

  Speed

  Our online application takes just a few minutes to complete. If you qualify, you could receive funding within 1 day of approval in some cases. 

  Multiple Offers

  We partner with lenders throughout the U.S., which means you could have more than 1 offer for business financing. 

  Expert Guidance

  A Fast Capital 360 Business Advisor will review your offers with you, so you can make the best decision for your business. 

Get Your Business Loan Faster

After you’ve had your small business financing needs met, consider reaching out to a business organization near you for additional support. Here are a few places you can go for help on your entrepreneurial journey.

Nevada Business Opportunity Fund

Whether you’re a brand-new or seasoned entrepreneur, consider this organization for assistance. It offers technical support and training as well as access to financing for low- to moderate-income individuals in the state. It also hosts the Nevada Women’s Business Center, which is sponsored in part by the SBA and which offers business counseling, information services and more.

SCORE

Since the 1960s, SCORE has been helping entrepreneurs at all stages get closer toward success. The nonprofit organization, with locations throughout the U.S., offers a wealth of resources, including business advising, workshops, networking opportunities, webinars and more. Additionally, the online library is replete with articles and videos covering topics of interest to small business owners. 

In addition to virtual mentoring opportunities, you can visit an in-person branch, with locations available in:

• Reno
• Las Vegas
• Mesquite
• Henderson

Sierra Accelerator for Growth & Entrepreneurship

This program, also known as SAGE, is sponsored by the Nevada Governor’s Office of Economic Development. It helps Nevada entrepreneurs in the technology sector find funding opportunities through the Small Business Innovation Research and Small Business Technology Transfer federal grant programs. Assistance with grant proposal writing is also available.