Banking for Small Businesses
At LNB, we understand how much hard work and dedication is needed to start and run a small business. Through the extra long work days and midnight coffee runs, we know that every detail of getting your business off the ground is important. So let us take some of the weight off of your shoulders. Your team at LNB has the expertise to help you manage your finances so you can focus on what it takes to earn your living.
Checking: Whether you are an entrepreneur just starting out, or you have grown your small business into a success already, it’s important to know which checking account works best for you. Especially since checking accounts are generally the ones that get the most action - everyday spending, deposits, payroll, etc.
LNB offers several different checking options. For example, if you want to earn interest on your deposits, our DBA Interest Checking account may be perfect for you. If you want to easily manage all of your deposits and withdrawals, our Analyzed Checking account gives you a Monthly Analysis tool.
Savings: Our team understands how essential it is to have a cash reserve as a small business owner. The unpredictably of the entrepreneurship career choice is what makes it an adventure! But to give you peace of mind on this journey, we have multiple ways you can save your hard earned money, even if you are just starting out. To open up our Business Savings account, all you need is $10!
This choice, along with our other savings accounts the Small Business Money Market Account, and then the Business Money Market Account if your small business continues to grow as you hope, earn you interest on your finances. They also include little to no maintenance fees, so you are free to focus on your business and let us take care of the rest.
Lending: We want to help you succeed, and if this means getting your small business off the ground or helping your company grow, talk to a team member at LNB to learn about our business lending services. Don’t forget to supply both personal and business tax and financial statements to help the process go a little quicker!
To learn more about how LNB can help your business, check out our article on Online Cash Management.