To continue with Avoid Being a Victim of These Five Top Reported Cyber Scams Part 1, below are the remaining cyber scams: 4. Advance Fee Loans and Credit Arrangers – These loans or credit are offered in exchange for an upfront fee. Realize that any reputable lender will ask you to provide your credit history beforeRead more
All over the world, there are many victims of identity theft and cybercrime. Per the National Cyber Security Alliance, at least 720 new threats have emerged. If you want to avoid identity theft and cybercrime, you should be aware of these top five reported cyber scams: Fake Check Scams – This is when an authentic-lookingRead more
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? WithRead more
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 paymentRead more
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 aRead more
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