Which type of bank primarily helps business owners who want to expand?

A commercial bank is primarily designed to assist business owners with their financing needs, particularly for expansion. This type of bank offers a range of products and services tailored for businesses, such as business loans, lines of credit, and various deposit services like checking and savings accounts specifically for business operations.

Commercial banks play a critical role in providing the necessary capital for businesses to grow and thrive. They have the resources and expertise to evaluate a business's financial health and provide funding options that align with the company's goals, such as opening new locations, hiring staff, or purchasing equipment.

In contrast, investment banks primarily focus on raising capital for corporations and governments, often through the issuance of stocks and bonds, rather than directly financing business expansion. Savings banks are more consumer-oriented, typically offering savings accounts and personal loans, and credit unions provide member-focused services that may not cater directly to business expansion needs. Thus, commercial banks are best positioned to help businesses seeking to expand due to their range of financing options and expertise in servicing business accounts.