North America

Wells Fargo Best Small Business Banking Services United States 2022

Wells Fargo provides small businesses with access to the largest branch network in the US with over 4,900 branches and 12,000 ATMs. They can be found in 37 states including Washington DC. Across this network, small businesses have access to dedicated bankers who develop a deep understanding of their businesses. The bankers can support and tailor products and services to the needs of each small business. This includes a range of checking account options, business credit cards, domestic and international payment services, payroll services, and merchant services. Wells Fargo’s merchant services allow businesses to take payments in-person, online, and on the go. Wells Fargo also provides businesses with a range of flexible funding options including lines of credit, SBA loans, and commercial real estate financing. Businesses can manage and monitor all their services using their online account and mobile banking applications. Wells Fargo’s strong commitment to small businesses is also demonstrated by their $420m “Open for Business Fund” which was set up in 2020 to support small businesses through the COVID-19 crisis. The fund provides microloans, grants, and favourable financial terms to small businesses that were severely hit by the pandemic and who traditionally struggle for funding. In February, the fund announced $20m in funding to help diverse-led small businesses in Los Angeles to acquire property and equipment. Given its deep commitment to its customers, the CFI.co judging panel is proud to award Wells Fargo with the 2022 award for Best Small Business Banking Services (United States).

marten

Recent Posts

SegurCaixa Adeslas: Best Insurer Spain 2024

SegurCaixa Adeslas, a pre-eminent Spanish health insurance company, has demonstrated a formidable and truly impressive…

2 weeks ago

Banco BPI: Excellence in Sustainable Banking Initiative Portugal 2024

Banco BPI's dedication to sustainability is a beacon of proactive environmental and social responsibility. Beyond…

3 weeks ago

BSE Ltd: Champions of Capital Market Innovation and Efficiency Asia 2024

BSE Ltd, formerly known as the Bombay Stock Exchange, is a crucial player in India’s…

4 weeks ago

TMT Investments Plc: Visionary Leaders in Global Tech Venture Capital Europe 2024

TMT Investments Plc, publicly quoted on the AIM market of the London Stock Exchange since…

4 weeks ago

BNP Paribas Fortis: Outstanding Contribution to SME Financing Benelux 2024

BNP Paribas Fortis is a key player in the Belgian banking sector with a rich…

4 weeks ago

BAWAG Group AG: Best Banking Group Governance DACH 2024

BAWAG Group has reported 2023 net profit of 683 million euros, a ROTCE of 25…

4 weeks ago