OUR BLOG

What Can I Buy With My Business Credit Card?
July 2, 2024

What Can I Buy With My Business Credit Card?

In the fast-paced world of technology, business owners face a growing number of challenges, particularly in cybersecurity. With artificial intelligence (AI) playing an increasingly prominent role in defending and attacking digital assets, understanding these emerging threats is crucial. Running a small business comes with its own set of challenges and opportunities. One tool that can […]
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The Rise of AI Threats in Cybersecurity
July 2, 2024

The Rise of AI Threats in Cybersecurity

In the fast-paced world of technology, business owners face a growing number of challenges, particularly in cybersecurity. With artificial intelligence (AI) playing an increasingly prominent role in defending and attacking digital assets, understanding these emerging threats is crucial. Understanding AI in Cybersecurity Artificial Intelligence is revolutionizing many industries and cybersecurity is no exception. AI can […]
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Don’t Get Hooked: A Guide to Avoid Phone Scams and Spoofing
June 24, 2024

Don’t Get Hooked: A Guide to Avoid Phone Scams and Spoofing

In today’s digital age, our phones have become extensions of ourselves. We use them for everything from banking to socializing, making them prime targets for scammers. Phone scammers and spoofing tactics constantly evolve, leaving many of us vulnerable to financial loss and identity theft. But fear not—armed with knowledge, you can significantly reduce your risk […]
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Bridging the Gap: Understanding Bridge Loans
June 11, 2024

Bridging the Gap: Understanding Bridge Loans

Life is full of unexpected transitions, especially regarding financial situations. A bridge loan can offer a temporary solution for business needs, such as acquiring new property before selling existing assets, facilitating construction projects, or addressing temporary cash-flow challenges. Before you consider this financial tool, it’s crucial to understand its details. Let’s delve into the world […]
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Keeping the Cash Flowing
June 11, 2024

Keeping the Cash Flowing

Running a business requires a steady cash flow, but what happens when customer payments lag? This is where accounts receivable (AR) lines of credit can become helpful. They act as financial lifelines and allow businesses to access capital based on outstanding invoices that have yet to be paid.
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Cybersecurity Is an Absolute Necessity: Beware the MFA Prompt Bomb!
May 7, 2024

Cybersecurity Is an Absolute Necessity: Beware the MFA Prompt Bomb!

Nowadays, modern banking has to vigilantly protect you and your accounts from more innovative and increasingly relentless cyberattacks. Domestic and international criminals and malcontents are constantly evolving. They use artificial intelligence, quantum computers, and a devious nature to rapidly morph their attacks, move faster, and attack from multiple places than ever before. Table of Contents […]
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How Do I Get the Equipment My Business Needs?
April 30, 2024

How Do I Get the Equipment My Business Needs?

In the competitively dynamic business landscape of Las Vegas, getting the equipment you need matters. Having the right equipment is a cornerstone of business success. Whether you’re a dazzling restaurant off the Strip that needs updated state-of-the-art kitchen appliances, a construction company requiring heavy machinery, a personal salon and spa, or a tech company needing […]
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Do I Need More than One Bank Account for My Business?
April 29, 2024

Do I Need More than One Bank Account for My Business?

In the vibrant business world of Las Vegas, success hinges on organization and control. Just like a winning poker hand requires a variety of cards, your business finances might benefit from the strategic use of multiple bank accounts. Here at Lexicon Bank, a premier Las Vegas-based concierge bank that highly prioritizes customer convenience and service, […]
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Loans for Non-Profit Businesses
March 27, 2024

Loans for Non-Profit Businesses

In business, non-profit organizations stand out for their mission-driven approach rather than profit maximization. However, just like their for-profit counterparts, non-profits require financial resources to operate and fulfill their missions effectively. While grants and donations are primary sources of income for non-profits, there are instances where loans become necessary to bridge funding gaps or embark on strategic initiatives. This blog will explore the landscape of loans available for non-profit organizations and their benefits, challenges, and considerations.
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7 Reasons to Choose the Right Banking Partner
March 27, 2024

7 Reasons to Choose the Right Banking Partner

In today's fast-paced world, choosing the right banking partner is crucial for individuals and businesses. Whether managing personal finances or steering a company towards success, the bank you select can significantly impact your financial well-being and prospects. From customer service to financial products and technological advancements, the right banking partner can make all the difference.

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From Untold Stories to Wall Street Titans: A History of Women in American Banking
March 26, 2024

From Untold Stories to Wall Street Titans: A History of Women in American Banking

The image of American financial tycoons typically conjures up images of cigar-chomping men—kingpins from around the turn of the twentieth century sitting in boardrooms, wearing the finest power suits of the times. However, this stereotype fails to acknowledge the rich history of women who shattered glass ceilings, reshaped banking and finance, and scaled to the highest heights. From pioneering entrepreneurs to groundbreaking CEOs, these women have paved the way for future generations.

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Unlocking Opportunities: How Can You Use a Commercial Real Estate Loan
March 6, 2024

Unlocking Opportunities: How Can You Use a Commercial Real Estate Loan

In the realm of business, expansion and growth often require strategic investments. For entrepreneurs and businesses looking to acquire, develop, or renovate commercial properties, a commercial real estate loan can be a powerful financial tool. This type of loan provides the necessary capital to navigate the complexities of the commercial real estate market. In this blog, we'll explore the various ways you can leverage a commercial real estate loan to fuel your business ambitions.

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