Online Banking Usage Has Never Been Higher, Due to the Pandemic

By Plumas Bank March 1, 2021 Online banking

As access to mobile devices and high speed internet connectivity has grown exponentially year over year, so too has the need for businesses to undergo processes of digital transformation in order to meet the needs of increasingly internet-savvy consumers. Before COVID-19, the impetus of driving digital transformation for businesses was hard to …

Today’s SBA loans can spur years of growth

By Rodney Borges - SVP Small Business Lending November 2, 2020 Business loans

If I’ve learned one thing in my nearly three decades in banking, it’s this:  People like money that’s almost free. A lot. So it’s not surprising that lenders who are skilled in Small Business Administration lending are exceptionally busy right now, working with borrowers who are hurrying to take advantage of the lowest SBA borrowing …


All About Lines of Credit – Are They the Right Moves for Your Business?

By Teresa Courrier - Plumas Bank SVP Commercial Loan Officer November 2, 2020 Business banking

Well-managed companies who are growing and reaching for that next level often find themselves stretched thin financially as they wait for customers to pay them, and they turn to their banker for a line of credit. Often, a line of credit is precisely the right tool to help managers keep a business running smoothly even when payments are …


Cybersecurity 101: Tips for Small Business

By Aaron Boigon - Plumas Bank EVP and Chief Information Officer September 30, 2020 Cybersecurity

Technology is as important to most businesses as quick reflexes are to a crocodile hunter; without it your business might end up missing a few important parts. This is because most businesses today, no matter the size or industry, are really technology companies. Not convinced? Here’s the test. Imagine your office with no computers, no …

Borrow inexpensive money? Expect hard questions, too.

By Ty Nebe - Plumas Bank SVP Commercial Loan Officer September 28, 2020 Business loans

As of August of 2020, businesses could borrow money through a popular Small Business Administration loan program for a lower interest rate than their owners would have paid for a 30-year mortgage on their personal home — an absolutely stunning turn of events. Before business owners rush out to load up on borrowed money, they need to …