Digital banking designed to propel your firm forward
Secure operating accounts, flexible lending solutions and powerful digital tools to meet the unique needs of your firm and support every stage of a fund's lifecycle.
Open an AccountSecure operating accounts, flexible lending solutions and powerful digital tools to meet the unique needs of your firm and support every stage of a fund's lifecycle.
Open an AccountFDIC-insured deposit accounts built to optimize cash flow.
Powerful digital tools at your fingertips anytime, anywhere.
Dependable connections to key systems you rely on.
Enhanced FDIC insurance coverage up to $125 million. 1
Streamlined digital application - no paper, no hassle.
Flexibility to move money when you need it with ACH and wire transfers.
Customize levels of access for each user. Grant permissions, set limits, and create approval workflows.
Make and schedule payments anytime anywhere with online business bill pay.
Reduce the risk of fraud, stay on top of accounts, transactions, and user activity with customized alerts.
Detailed reports that unlock information your firm needs to optimize cash flow.
Grasshopper's flexible financing solutions support all stages of your Firm, including your fund's lifecycle, optimizing cash flow, and return on your investment.
Grasshopper can finance up to 70% of the GP’s commitment to the fund.
Lines of credit to bridge timing between investments and receipt of capital call proceeds from investors.
Working Capital Revolvers to bridge timing between receipt of management fees and payment of firm expenses.
Net asset value loans for end of fund life needs.
"*" indicates required fields
Head of Fund & Sponsor Banking
[email protected]919.744.0439Grasshopper combines the best of banking technology and years of industry expertise to deliver financial solutions, trusted security and unparalleled support to propel your Firm forward.
Your data and money are secure with two-factor authentication, fraud monitoring, bank-level encryption and security.
Industry experts committed to meeting the unique needs and strategic focus of your firm.
Our expertise in the Fintech market can help your portfolio companies succeed as well as make connections to potential investment opportunities.
"I highly recommend Grasshopper as THE bank to consider in the startup community. They are not too big or bureaucratic or too limited in their offerings. They are creative and responsive in their offerings, and they get startups and the venture space. Their people are top notch and the type of people you want to work with long-term."
"Grasshopper has a customer first attitude, a true understanding of our business and our business needs and what makes us unique. A strong conviction of our model and why it matters. Demonstrated flexibility and agility when we need it. Amazing responsiveness. A pleasure to do business with all the way around."
"Whether we have questions on our credit agreements, the status of urgent wires, distribution processes, the market or the most administrative items, Grasshopper is accessible, available and flexible."
Many banks offer the option of opening a bank account online or in person. Whatever process you choose, the documentation needed is generally the same. Below you will find a list of information that you will need to provide to open a Forward Checking Account.
Company Documents
Below are examples of acceptable documentation, however, we reserve the right to ask for additional documentation as needed.
Beneficial owner information will be required for each individual who owns 25% or more, directly or indirectly, of the company.
For additional questions or assistance, contact Client Services.
Yes, you can open multiple accounts under the same entity. To do so, simply log back into our application hub using the same email address you used to apply for your Forward Checking account. From there, you can open new accounts, order a debit card, or add authorized signers with ease.
For additional questions or assistance, contact Client Services.
At this time, we do not require a minimum opening balance to open a Forward Checking Account. A funding deposit is optional during the account opening process, allowing you the flexibility to start using your account immediately.
For additional questions or assistance, contact Client Services.
At Grasshopper we pride ourselves on our account opening process, which allows clients to open a fully digital, paperless deposit account in as little as 5 minutes from any device! This service was built in partnership with Mantl and Alloy to provide an automated application underwriting decision in seconds.
That being said, we also take account security very seriously. In some cases, accounts may require manual review depending on a variety of factors, such as requests for additional documentation. However, we can assure you that all measures and steps taken are meant to help keep our clients and bank safe.
Please note: As a part of the account opening process, Grasshopper does not perform credit checks. However, we do obtain information from credit bureaus to validate your personal information. This does not affect your credit score. If you have placed a credit or security freeze on your credit report, your application will undergo a manual review. In which case, we will contact you to have the credit freeze removed. Once we receive confirmation that the freeze has been lifted, the review process may take up to 3 business days.