Grasshopper Bank

Grasshopper Bank provides a comprehensive suite of banking solutions tailored to small businesses, startups, and venture capital & private equity firms. Their offerings include small business checking, startup banking, and specialized lending solutions such as SBA lending, sponsor finance, and commercial real estate lending. The bank also excels in fintech solutions, offering API banking and Banking-as-a-Service (BaaS). Grasshopper Bank emphasizes digital-first banking with features like bill pay, ACH & wire transfers, and mobile check deposits. They provide secure physical and virtual debit cards with unique permissions for employees and enhanced FDIC insurance up to $125 million through a sweep network. Additionally, the bank offers a marketplace with customized offerings and exclusive perks from industry leaders. Their Accelerator Checking account provides up to 4.00% APY when bundled with an Accelerator Savings account. Grasshopper Bank also offers flexible financing solutions for all stages of a fund’s lifecycle and the unique needs of firms, including SBA 7(a) and 504 loans with a digital application process. They provide commercial real estate financing options for various property types and sponsor finance solutions such as senior secured term loans, revolving lines of credit, and fund capital call lines. The bank’s digital platform ensures seamless loan application and quick decision-making. Grasshopper Bank also offers a rewards debit card with 1% cash back on qualified purchases and a dedicated relationship manager for venture capital and private equity firms.