Disclosure: Our content isn't financial advice. Do your due diligence and speak to your financial advisor before making any investment decision. We may earn money from products reviewed. (Learn more)

Are you looking for Nevada’s best business loans & startup financing companies? If you run a small business in the Sagebrush State, access different loans to meet your financial needs. So, over 313k small businesses are operational here, employing 540,000 Nevadans.

Understand the unique features and benefits of different loan types to empower your business. That’s how you can choose the best lender for your business. Also, look into no-credit equipment financing options if you can’t get a business loan via traditional means.

Consider these 9 business loans & startup financing options in Nevada to get started:

1.  Swoop Funding

Swoop Funding is every Nevada-based small company’s top startup financing option. It will offer entrepreneurs a range of funding solutions to meet their needs. You can access many loan types, including traditional term loans and innovative financing options with a simplified funding process. Grow your business in the Silver State with Swoop Funding.

2.  VIP Capital Funding

At VIP Capital Funding, you can get financing from $50k to $15 million. Your business’s annual revenue must be around $600,000. Also, the term length can be 6 to 24 months. You’ll also get pre-approval within 24 hours, and you can renew your contract after half of the loan amount has been paid down! With working capital loans, you can cover your ongoing business expenditures, expand your inventory, buy commercial real estate, or invest in growth opportunities. For all of that, there’s no solution better than VIP Capital Funding.

3.  Nevada State Bank

Nevada State Bank offers a range of financing options to make sure that your small business has ample funding to pursue its commercial goals. This lender gives you term loans of amounts up to $250,000 with same-day approval (higher amounts can take some time). Keep in mind that this lender is a subdivision of Zions Bancorporation. It specializes in connecting you with tailored financing solutions to keep your business vessel afloat.

4.  Bank of Nevada

As a subsidiary of Western Alliance Bank, this lender offers you different loan types. We’d like to mention two of them here:

• Conventional Loans: Get up to a million bucks if your business is more than 2 years old.
• Express Loans: Get SBA-approved quick loans with financing up to half a million with no balloon payment requirements.

If you apply for SBA 504 loans via this lender, you get down payments as low as 10%. Also, the interest rates are pretty affordable and relaxed. Terms are also up to 10 years for equipment purchases and 20 years for commercial real estate. You can refinance multiple loans, too. That’s why the Bank of Nevada is incredibly helpful in keeping your business wheels running.

5.  CDC Small Business Finance

You can get a big loan with flexible conditions from this lender if your business is in Nevada or Arizona. CDC has helped more than 12,000 businesses get financed with flexible/variable rates, with the term being up to 10 years. CDC offers SBA Community Advantage loans from $30k to $350k. This lender claims to have a nationwide reach with local expertise. So, they don’t only benefit the businesses located in Nevada but also the ones situated in Miami, Arizona, Texas, and many other states. Moreover, CDC states that they have dispersed more than $165 million among veterans, minority-owned, and female-led enterprises throughout America.

6.  Greater Nevada Credit Union

This lender offers you various loan types to ensure that you have ample funding options to keep your business vessel afloat. As per 7(a) loans, you can get up to $5 million with a 50% to 85% SBA guarantee. As per 504 loans, certain energy projects in Nevada are eligible to receive up to $16.5 million (spread between different projects). Their website is also incredibly helpful and explains the entire process of business loan application to you in steps. This way, you can better understand how to submit your application and what to expect when you get a loan or credit from various lenders.

7.  National Funding

If you run a business in Las Vegas, then get in touch with National Funding right away. You can get $5k to $500k in funding. If you wish to buy business equipment, then you’ll get $150,000 as a loan. This lender offers you flexible terms with no early repayment penalty. Also, they claim to send the necessary funds to your accounts within hours. As for equipment financing, you don’t have to worry about upfront fees or down payments in this regard. You’ll simply get approved, get a solution, and receive payment via National Funding to run your business like before.

8.  Funding Circle

Funding Circle has helped 135k businesses from 700 different industries get the necessary working capital, lending more than $20 billion. Based on your loan type, you’ll get funded in a few minutes (or 5 business days). Term length can go from a few months to one decade. Also, when you apply through the Funding Circles network of lending partners, you could be eligible for a line of credit for up to $250,000. With a line of credit, you’ll only pay interest on the funds you draw. That’s why this lender is pretty amazing and helpful.

9. Plumas Bank

Plumas Bank is yet another lender that helps Nevadan businesses by offering them easy access to hefty loans at flexible terms. When you apply for a loan of up to $100k, this lender won’t even ask for a financial statement. That’s why it’s an easy way to get your business idea funded via Plumas Bank. You can also apply for commercial real estate loans and invest in multifamily properties (with 5+ units). Also, Plumas Bank helps rural businesses by offering them quality agricultural loans. “Whatever the size of your business, there is sure to be a business loan to suit your needs,” this is what they believe in!

Nevada Government Resources

Check out these government resources about business grants/funding and startup financing options in Nevada:

• State of Nevada’s Grants and Incentives | Department of Business & Industry
• Nevada Governor’s Office of Economic Development | Small Business Support
• Helpful Business Links by the Nevada State Treasurer
• Rural Business Development Grants in Nevada

Top Cities in Nevada for Business Loans

Curious to know which cities, towns, municipalities, or census-designated places (CDPs) in Nevada are the best for business loans & startup financing? If you live in any of these 30 cities, then you can easily access SBA loans or other nontraditional financing means to embark on your entrepreneurial journey:

1. Las Vegas
2. Reno
3. Henderson
4. North Las Vegas
5. Sparks
6. Carson City
7. Elko
8. Mesquite
9. Boulder City
10. Pahrump
11. Fernley
12. Fallon
13. Winnemucca
14. Ely
15. Yerington
16. Lovelock
17. Caliente
18. Tonopah
19. Goldfield
20. Searchlight
21. Virginia City
22. Dayton
23. Minden
24. Gardnerville
25. Stateline
26. Hawthorne
27. Reno-Sparks
28. Sierra Vista
29. Laughlin
30. Amargosa Valley

Conclusion

Choosing the right financing partner is important for startups and established businesses alike. So, your Nevada-based business needs to choose a lender based on factors like loan terms, interest rates, customer service, and online reputation. Therefore, get in touch with Sophisticated Investor to get started and pave the way for sustainable business growth & innovation.