KEEPING YOU INFORMED
How to Stay Safe on Social Networks
Social media is becoming one of the most prominent tools in our society. Today, it does not matter if you are young or old or even a business, most people use social networks as a means of connecting with people. Instead of asking who has social media, the better question is who does not? With that being said, you should
A Look at Our New Product: Business Payment Automation
Do you want to avoid things, like handling paper bills in the mail, scheduling payments, entering data into an accounting software, filing bills, researching vendor inquiries, etc.? Well, now you can! Business Payment Automation or BPA is a hybrid commercial bill payment and an A/P invoice workflow management platform that helps automate your company’s payment activities. From managing invoices and
The ins and Outs of Remote Deposit Capture
Remote Deposit Capture is defined as the ability to deposit a check into a bank account from a remote location without having to physically deliver the check to the bank. As a commercial business, you may have heard of or use Remote Deposit Capture. Here at Bank of Southern California, we provide you with a Remote Deposit Capture scanner free-of-charge,
Ten Cash Management Tools That We Offer Part 2
To continue with Ten Cash Management Tools That We Offer Part 1, below are the last of them: 6. Positive Pay – With Positive Pay, clients submit an electronic file of checks issued to protect their business against fraudulent activity. We then match this list against items that have been submitted for payment and present any exception items for your
Ten Cash Management Tools That We Offer Part 1
Do you want to minimize unnecessary fees while optimizing cash balances and earnings? If so, at Bank of Southern California, we offer a wide range of easy-to-implement cash management tools. Below are just a few to start: Online Banking – With online banking, you have 24/7, real time access to your accounts. Unlike most major banks, there is no monthly
Six Reasons to Get a Business Loan Part 2
To continue with Six Reasons to Get a Business Loan Part 1, here are the last three reasons why one may want to consider applying for a small business loan: 4. You Are Building Future Credit – You may realize that you will need larger-scale financing for your business in the coming years. To build business credit, you might want
Six Reasons to Get a Business Loan Part 1
You may think that taking on any debt for your business is not a smart idea. Depending on the situation, that may very well be true. However, if your business is ready to grow but does not have the working capital to do so, you might want to re-consider applying for a business loan. Here are three reasons why: You
Types of Business Loans
At Bank of Southern California, we offer a wide range of business loans, such as lines of credit, term loans, commercial real estate and construction loans, SBA loans, letters of credit, and business credit cards. If you need a business loan but are not sure which type, we can make the process a little easier by quickly defining the different
The SBA Loan Application
Is it easy to apply for an SBA loan? Is the SBA loan application straight forward? What is even on the SBA loan application? You can apply for an SBA loan directly on our website by filling out this painless application that tells us about you and your business. However, if you want to learn about the Small Business Administration’s
The Benefits of SBA Loans
SBA loans are one of the best ways to finance your small business, and they allow lenders like us to offer flexible terms and low rates to small businesses. Some of the benefits of SBA loans include: Guaranteed by the Small Business Loan Administration Access to capital to grow your business Low interest rates and lower down payments compared to
