Category : Business Banking

Microfinance, also known as “microcredit”, is a method of providing small business owners with capital. These small businesses and individuals often don’t have the traditional financial...

Standby letters of credit (SBLCs) are a way to add security and ensure payment for completed services or physical goods. A bank will guarantee payment to...

You may have enough money to pay all your bills if your business is profitable. You can earn some interest by putting that money in a...

What is the In banking, " ACH " stands for " Automated Clearing House", which is a system that coordinates automated payments and money transfers. ACH allows money to...

You can use the letter below to contact people or organizations who have not deposited their checks. The text can be copied and pasted into your...

You probably received a debit account when you opened a business checking account. You probably use it every day without thinking twice. Why wouldn’t you use it?...

Lockbox Payments can help streamline your business’s way of accepting money from clients and allowing it to access the cash. A company creates a P.O. When a company...

Entrepreneurs can use their 401(k), or retirement plan, to launch a new business. This is a great alternative to or in addition to other sources of...

A Bank Guarantee is an assurance from a financial institution that, if one party defaults on their debt or obligations, they will cover the loss of the...

DEFINITION Commercial Loans is a business-oriented offering that focuses on global trade services and treasury management services. The Key Takeaways Commercial banking offers businesses a range...