At Bank of Southern California, we recognize that time is money. In fact, we understand that LESS time is MORE money for businesses that choose us as their financial partners. In order to streamline efforts and efficiently maximize cash flow, our experienced bankers analyze your banking needs and provide the best solution. One of ourRead more
The 2014 Midterm Elections marked the lowest voter turnout in 72 years. California, a state with one of the largest populations, reported one of the poorest turnouts, with nearly 32% of voting-eligible Americans participating. When asked why registered voters didn’t make it to the polls, a full two-third indicated they simply didn’t have the time.Read more
We understand that one of the biggest headaches for business owners is keeping personal and business expenses separate. Obtaining a credit card for your business can help you track and control your business expenses without any entanglement. If you have multiple employees making purchases for your company, business credit cards can become a necessity. OverRead more
With Bank of Southern California’s Home Equity Lines of Credit (HELOC), you can take advantage of the equity in your existing home to provide you with the funds to invest in the things that matter most. Whether its buying a second property, paying for your child’s education, purchasing a new car or financing your business,Read more
The traditionally painful and time-consuming process of comparing purchase orders to invoices has been transformed in a way that provides greater efficiency and increased visibility. What is Automated Purchase Order Matching? Automated Purchase Order (PO) matching is a feature in Business Payment Automation Invoice-to-Pay that streamlines the process of reconciling invoices to the appropriate purchaseRead more
We did a case study on our client, Orbot, the San Diego-based cleaning solution provider that delivers one machine capable of cleaning all surfaces. This company once dedicated too much time and effort to processing hundreds of invoices and payments through an elaborate spreadsheet system, so we reached out to discuss Automated Business Payments. OnceRead more
Accounting systems are essential to optimize accounting and financial operations. It remains your core system of record and centralized source of information across all functions within the organization. Your accounting system to manage your accounts payable alone might be working for you, but what are you potentially giving up by not integrating with a solutionRead more
The Small Business Administration’s (SBA) lending programs have grown significantly in recent years. Just in the 2017 fiscal year, 68,000 loans were approved under 7(a) and 504 loan programs, which provided over $30 billion to small businesses. Of this $30 billion in total SBA loans, $25.4 billion was from the 7(a) program alone. Due toRead more
One of the perks of being a member of Bank of Southern California is the ability to use our online and mobile banking features. With both online and mobile banking, you receive 24/7 access to your accounts and the ability to perform a variety of banking transactions anytime, anywhere. We do not charge a monthlyRead more
You may wonder how to find the best checking account for you and your needs. In general, checking accounts are some of the simplest and nicest financial products for using and spending money. Because of their typical low interest rates, it is recommended to use your checking account for money that you can easily accessRead more