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Learning, Sharing, and Teaching => Reader Recommendations => Topic started by: AliInKY on June 27, 2018, 04:18:26 PM

Title: Recommendation for financial institution for small business account
Post by: AliInKY on June 27, 2018, 04:18:26 PM
I've started a side gig (LLC) that I intend to grow over the next two years, then exit corporate world.  What are your recommendations on the best financial institution for my business account?  The one I use for personal accounts is not quite ready for LLCs...but my business is ready to process some accounts receivable!

I'm interested in a low-cost checking or money market account with maybe 25 or fewer transactions per month (with room for growth and opportunity to switch up).  Lending capabilities are of zero interest to me.

Thanks!

Title: Re: Recommendation for financial institution for small business account
Post by: px4shooter on June 30, 2018, 09:50:52 PM
Do you have a local bank or credit union?

Is this an online endeavor or is there going to be checks & cash to deposit? What other payment methods are you going to use (Square)?

What do you use for personal accounts that they couldn't handle a LLC?