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Business banking, especially small business banking services, is all about cash management these days, not just deposits and withdrawals. Retail banking services include business lines of credit, payroll accounting, and more. Meanwhile, the online banking business and online banking software have revolutionized payments -- compare offers on online banking services from Wells Fargo small business banking, Wachovia and other web-savvy banks.

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05/01/2008

A New Loan Source for Small Business

Bank loan iffy? Factoring too pricey? Uncle Bob stiffed you? Never fear, On Deck Capital is here. On Deck is a new loan platform offering to connect business owners with loans of up to $100,000 based on business performance, NOT the biz owner's personal credit history.  If your biz has been open at least a year, you can apply online at On Deck Capital. The process is quick. On Deck says it usually makes decisions within two business days, and funds within seven. VC-backed On Deck has been in development for two years and describes itself as "an innovative financing network for small businesses that are unable to access traditional bank loans." On Deck's board members include a former American Express CEO. -- Daniel Kehrer, Business.com Editor

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Banking

The Banking Channel is your gateway to small business banking services such as Wells Fargo small business banking as well as large company banking such as Wachovia corporate banking. Take advantage of the changes in retail banking brought on by online banking for small business: Compare rates and features for online banking business accounts, like Wells Fargo small business online banking ? you?ll find cash management, employee banking (like Wachovia employee banking) and more retail banking services formerly available only for large corporate banking accounts.