Tag: Same-Day ACH
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Navigating Banking Issues as a Small Business
Posted On: January 13, 2021 by Falcon National Bank in: Manage your Business | Business Banking
Small business owners often report that cash flow and reoccurring business costs are their top two financial challenges. Guidant Financial reports that in a 2019 Small Business Trends report, 33 percent of small business owners cited a lack of cash flow as their greatest business challenge. When it comes to banking, there are plenty of obstacles for small businesses. As a rule, most banking issues are harder to overcome for small businesses than larger ones. Here are some of the most common issues...
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How Same-Day ACH Transfers Can Benefit Small Businesses
Posted On: December 29, 2020 by Falcon National Bank in: Manage your Business | Business Banking
ACH (or Automated Clearing House) transfers are a secure way to electronically transfer money between accounts in different banks. Last year, more than 24 billion ACH transactions were processed in the United States. In fact, you likely made an ACH transfer without even realizing it. For example, if you pay bills online or your paychecks are directly deposited into your bank account, those are examples of an ACH transfer. For business owners, ACH transfers aren’t just beneficial, they...
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