A new small business owner struggles to find a traditional bank or credit union offering fee-free business checking with physical cash deposit locations and accessible business lines of credit.
Existing banks require high minimum balances or transaction thresholds for fee-free checking, lack convenient cash deposit options, and offer business LOCs with high fees and complex terms. Fintech options like BlueVine are unavailable in some states and not trusted.
LocalDeposit Flex
A digital-first business banking platform that partners with local credit unions to offer fee-free checking with no minimums, physical cash deposit at thousands of partner branches/ATMs, and integrated business lines of credit with simple, transparent terms. Designed for cash-heavy microbusinesses.
- Fee-free business checking with $0 minimum balance and no transaction limits
- Cash deposit network via partner credit unions and ATMs nationwide
- Integrated business line of credit with no annual fees and flexible draw periods
- Simple online application with fast approval based on cash flow, not credit score alone
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