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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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Navigating the Construction Loan Maze: Essential Tips for Success
March 6, 2024

Navigating the Construction Loan Maze: Essential Tips for Success

Embarking on a construction project is an exciting venture, but securing the right financing is crucial for success. Construction loans play a pivotal role in turning your dreams into reality. In this guide, we'll explore key tips to navigate the complexities of obtaining a construction loan and ensure a smooth journey from inception to completion.

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The Impact of Business Bank Accounts for Nonprofits
February 28, 2024

The Impact of Business Bank Accounts for Nonprofits

Navigating the intricate financial landscape of nonprofits demands a strategic approach, and one key element often underestimated is the adoption of a dedicated business bank account. In this article, we delve into the multifaceted advantages that nonprofits can derive from maintaining a business bank account.

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Do I Need a Business Bank Account If I’m Self-Employed?
February 22, 2024

Do I Need a Business Bank Account If I’m Self-Employed?

Business owners, especially first-time ones, often get confused about whether or not they need a business banking account or if it is okay to just run everything through their personal accounts. The answer can be especially confusing for people who are self-employed.

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What Are the Benefits of Using a Business Credit Card?
February 21, 2024

What Are the Benefits of Using a Business Credit Card?

Bank of America is typically credited for making the very first “consumer credit card” available for public use in 1958. Others dispute this fact and assert that the Diners Club Card really predated it in 1950. And real persnickety historians go back even further to 1946 and cite John Biggins, a Brooklyn, New York, banker as being first. Biggins came up with the idea of the Charg-It card. His banking customers could use the Charg-It card at a few select merchants to buy things on credit.

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Tips for Budget Smart Shopping
February 21, 2024

Tips for Budget Smart Shopping

Shopping should always be joyful! After all, we’re getting things! But it can be stressful as well because it’s a time suck and a financial strain. Here’s a few savvy strategies that you can use to navigate shopping and avoid breaking the bank. Budget-smart shopping saves money and time.

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