Business Banking Online

As it becomes easier and a lot more accessible to bank online, small-business operators are increasingly turning to Internet banks to lighten some of their financial headaches.

Internet-based banks similar to NetBank are supplying traditional banks fierce competition as more small businesses make the shift to online banking.

We are highly pleased with the success of our small-business banking initiative, stated Douglas K. Freeman, chairman and chief executive officer of NetBank Inc.

Some of the ways in which NetBank makes it basic for small businesses to bank online involve offering dedicated relationship managers to every client; a hard-working customer care unit taught to take care of the customer’s small-business needs; enhanced account administration features enabling different users with various access levels; and a remote deposit system that allows customers to deposit checks into their accounts without leaving the office.

“Small business banking is a natural extension of our services and it represents an excellent growth opportunity for us,” said Bert Davis, director of small business banking for NetBank.

Also, NetBank has teamed with Wall Financial Services to provide Web-based accounts receivable lines of credit.

NetBank is also working with MBNA to give you no annual-fee credit cards with a credit line of up to $100,000, while beginning a partnership with CompuPay to offer specialized payroll services for small businesses.

Certainly, banking online has streamlined virtually every banking task facing a small-business owner.

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