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 presentRead more
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 majorRead more
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 buildRead more
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. HereRead more
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 easierRead more
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 learnRead more
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 andRead more
Firstly, do you know what an SBA loan is? Well, for all of you who may not know, an SBA loan is a more flexible, government-guaranteed loan designed to help small businesses with various types of loan fundings. You may have also not been aware of the two types of SBA loans. Yes, there areRead more
If you are planning to start a business or expand an existing business, you may need help with business financing. That is where SBA loans come in. The Small Business Administration (SBA) has a program of government-guaranteed loans (The SBA Advantage Loan Program and the SBA Grow Loan Program, formerly known as SBA 504 loansRead more
Cybercrime is no longer a matter of if, but rather a matter of when, and it is no longer limited to just large corporations. Businesses of all sizes are targeted by today’s sophisticated cyber criminals with various types of malware and schemes. A business should never rely on just the strength of anti-virus software or e-mail spamRead more