Banking

What is the best bank for a startup? Silicon Valley Bank was recommend. Besides the large mainstream

Anonymous

December 5th, 2016

Doing some research on banks for my startup. I am wondering what others have used and what works well. 

Dane Madsen Organizational and Operational Strategy Consultant

December 5th, 2016

Initially - it won't matter. Generally? A bank most people have heard of with a national presence. Dane Madsen Dane@DaneMadsen.com 206.900.5852 Mobile Sent from my mobile device. Forgive typographical and grammatical errors.

Anonymous

January 23rd, 2017

Silicon Valley Bank offers a lot support. I would recommend them. As far as a mainstream bank, I recommend Citizen's Bank. They have very few fees and no min balance required.

Paul Nielsen Founder at Tejon Tech

December 5th, 2016

from my experience, go with a local bank that focuses on small business. The larger banks (Wells Fargo, Chase, etc) are just a bureaucratic nightmare for startups. 

Brooks Hoffman Vice President Finance at LifeSpan International

December 5th, 2016

Hercules Technology Growth Capital and Comerica Bank's Technology & Life Sciences division also cater to start-ups. Be prepared to give up warrants.