Bank of the West 2008 Annual Report Download - page 13

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Bank of the West’s Small and Medium
Enterprise Banking Services:
•Business checking accounts to meet the needs of
any size business
•Online banking through our customizable
business service WebDirect
•Free business debit card
•Free telephone banking
•Loans and lines of credit
•Equipment financing
•SBA Loans, including SBA 7(a) and SBA 504
programs and SBAExpress
•Business insurance
•International trade services, such as letters of
credit, foreign accounts receivable insurance and
trade cycle financing
of the West seeking to refinance a commercial mort-
gage. Bank of the West took the time to learn about his
business, Port City Plumbing, and his request was
approved for a BusinessLink loan offered exclusively
by Bank of the West. He was also approved for a
BusinessLink line of credit. His experience with our
relationship banking approach prompted Mr. Allen to
move his entire business banking relationship to Bank
of the West.
SBA Preferred Lender
A certified Preferred Small Business Administration
(SBA) Lender, Bank of the West has SBA experts ready
to help business partners and their clients choose
from a variety of financing solutions on government-
guaranteed loans that range from $25,000 to
$5,000,000. In a year when others were scaling back
SBA lending, Bank of the West was expanding its
efforts to finance small businesses such as Cool Hand
Luke’s restaurant in Idaho. The banking relationship
with restaurant owners Allison Walls and Eric Smith
grew to include personal checking and savings as well
as business checking and savings accounts. They were
so pleased with their experience that Allison and Eric
recommended Bank of the West to a Cool Hand Luke’s
franchisee in California.