Business Types
An individual doing business under the same name.
What is a sole Proprietor
This is a type of credit pull done when opening an account.
What is a Soft Pull
This is the revolving line of credit designed to provide working capital
What is a Cash Flow Manager
The term Money available for business use
What is Cash Management
It saves you time with a single application for all-in-one business checking and payment acceptance
What is Business Essentials
What business has members that cannot be held personally liable for company's debts or liabilities.
What is a Limited Liability Company
The number of teller transactions that can be done each statement cycle
What is 25
This $95 annual fee credit card gives the highest return on gas purchases at 4x
What is the Business Altitude Connect
When a business purchases supplies and goods
What is Inventory Management
It provides a business Banking Dashboard with robust digital tools to manage financial operations in one place
What is online and mobile banking
An informal business where people share a common interest such as a girl scout troop
What is an unincorporated association
The cost of the mobile card reader to clients when doing business essentials
What is Free
This credit card offers clients 2x back on their top 2 categories, regardless of where they shop
What is the Business Leverage
The term for when a business pays bills and expenses
What is accounts payable
It protects you against errors unexpected gaps, so you have peace of mind in your banking
What is overdraft protection or Reserve Line
An incorporated for-profit business that is owned by shareholders with limited liability.
What is a corporation
The maximum number of transactions that can be done electronically
What is unlimited
This online tool gives clients the ability to manage check payments, wires, and ACH's in real time
What is Single Point Essentials
When a business sells products and services to their customers
What is sales of goods and services
You can set aside cash and watch it grow, with access at any time for unexpected events
What is a Business Savings Account
A formal organization established for a specific purpose and is exempt from certain tax reporting responsibilities.
What is a Non-Profit Corporation
This is the minimum percent of ownership the person applying for the account must have
What is 20%
This online system gives business owners the ability to send and pull ACH's, Wire Transfers, and add positive pay
What is Treasury Management
When a business collects payments from customers
What is accounts receivable
It provides the capital you need to grow your business with competitive rates to help you meet your specific goals
What is Business Lending