July 26, 2012

The Best Small Business Banks Around Wichita

A number of banks have been recognized as the best small business lenders in the country by BankingGrades, a website that provides grades for banks on their commitment to small business lending. The site is operated by MultiFunding, a small business advisory firm. “One of the biggest challenges that small businesses face is access to capital,” says Ami Kassar, CEO of MultiFunding.  “Our grading system and website helps small business owners find local banks that are friends of small business - Banking Grades (www.bankinggrades.com).”

BankingGrades is a proprietary online tool that grades every bank on its commitment to small business lending.  Using public data from the Federal Deposit Insurance Corporation (FDIC), Banking Grades compares the amount of a bank’s deposits to the number of loans that bank has made to small businesses.  These loans are $1,000,000 or less.  “This is a very objective grade.  It’s all about the data.  Based on their lending record, the banks have shown that they are committed to helping small business.  They are making loans to small businesses,” explains Kassar.

The best small business banks around Wichita are:

  1. Bank of Commerce And Trust Company
  2. The Security State Bank
  3. The First National Bank In Wellington
  4. The State Bank of Conway Springs
  5. Conway Bank, National Association
  6. The Stock Exchange Bank
  7. The Farmers And Merchants State Bank Of Argonia
  8. Community Bank Of Wichita, Inc.
  9. RelianzBank
  10. The First National Bank Of Southern Kansas
  11. The Citizens State Bank Of Cheney
  12. Bank Of Kansas
  13. Kanza Bank
  14. The Midland National Bank Of Newton
  15. The Halstead Bank
  16. Vintage Bank Kansas
  17. Andover State Bank

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