Home
/
Tag: banks

Does a Sole Proprietor Need a Business Bank Account?

banks

Does a Sole Proprietor Need a Business Bank Account?

Some providers will allow you to complete the entire process online. However, others may require you to visit a branch. If the bank requires you to visit a branch to finish applying for an account, then always make sure you choose one with a nearby location.

Crisis of Confidence: The Latest on the 2023 Bank Failures and How Small Businesses Can Protect Themselves

Evidently, the failure of FTX did not do Silvergate (or Signature, for that matter) any favors. Depositors bailed once they saw that FTX was banking with these banks—and that regulatory scrutiny was (and still is) on the way.

The Top 5 Neobanks You Need to Know About: The Future of Banking is Here

Neo banking is here to stay, and it will most likely only get larger. Consumers and businesses alike are happy with the convenience and speed of transactions. But many neobanks have a problem turning a profit.

Breaking: Silicon Valley Bank Taken Over by the FDIC … and What it Means for Small Business Lending

If you recall the movie, It’s a Wonderful Life, there is a scene of a run on the bank. And that is pretty much what happened, albeit with monetary amounts that were several orders of magnitude higher than those in the classic film.

7 Ways You Can Destroy Your Bank Credit

Perhaps the easiest way to attain and keep a good bank credit rating is to deposit at least $10,000 into your business bank account and keep it there for as much as a half a year.

How Business Credit Softens the Blow of First Republic Bank’s End

Loyalty is for family, country, religion, your company, and sports teams, among others. But it’s not for banks that are barely afloat and sinking fast.

How FedNow & Central Bank Digital Currency Change the Money Game

All money is a promise. It’s a promise that it has value. Once the public stops believing in that promise, then it becomes just so much pretty paper and metal.