If you’re a small business owner trying to quickly scale your business, you’ve likely experienced growing pains as your financial needs become more complex. As you increase your revenue and expand to new markets, you also need to handle more transactions and more complicated cash flows.
A fragmented cash management process can slow the natural growth of your business. That’s why Zions Bank created its new Business Beyond Checking account, with robust features designed to provide a more streamlined business banking experience, predictable pricing and embedded payment tools.
How can the Zions Bank Business Beyond Account help me improve the cash flow for my business?
For growing businesses, a delay in receiving payments can impact your ability to grow or take on more customers. Payment delays can interrupt your cash flow, slow your daily operations and make it more challenging to plan for growth.
Speeding up your payments can improve your liquidity, which can be used for working capital or reinvested for your business. The Business Beyond account helps improve your cash flow by accelerating receivables through features like ACH, Mobile Deposit Plus and higher monthly transaction and deposit limits — improving cash flow and supporting reinvestment into your business. These business productivity tools can help you collect payments quickly and predictably, with fewer in-person trips.
How can the Zions Bank Business Beyond Account help me reduce fees and simplify my banking experience?
As a business grows, it can be a common challenge to keep track of different banking services. Fees can add up quickly and it can be confusing to track what you’re paying for.
To address this challenge, the Business Beyond Account includes a comprehensive Payments Package for a flat fee of $50 a month, with the fee waived by maintaining $50,000 in combined deposit balances. Even if you don’t meet the requirement for the fee waiver, the Business Beyond Account still delivers clear value if you use some of the most popular features such as ACH or free incoming wires.
The bottom line: For many entrepreneurs, the Business Beyond Account can help save them bank fees and free up time they can spend growing their businesses.
How can the Zions Bank Business Beyond Account help me avoid fraud and strengthen my business continuity?
According to a recent survey commissioned by the Public Private Strategies Institute, nearly three in four small businesses last year were affected by fraud, scams or ransomware. Additionally, credit card and payment fraud were among the most frequently reported attacks.
As your payment volume grows for your business, fraud can become a more serious threat. The Business Beyond Account addresses this threat with a fraud monitoring tool called Check Verify, that allows you to review checks before they clear your account. If your business has a high check or ACH volume, you may upgrade to Positive Pay, which helps you manage payment risk from fraudulent checks and electronic ACH items.
How can the Zions Bank Business Beyond Account help me obtain relationship-focused benefits?
The Business Beyond Account is designed to strengthen your banking relationship by bundling premium benefits and innovative payment tools to help you reap long-term value for your business:
- No charge for the Payments Package
- No monthly service fee on Gold Accounts for all Business Beyond signers
- 0.25% annual bonus on business credit card spend
- 50% off first check order and 25% off all future orders for check orders placed through Deluxe
- Waived fees on paper statements and cashier’s checks
- Interest Rate Booster on business savings and business money market accounts
- Waived fee on the first outgoing domestic wire each month
- $100 discount for business line of credit annual fee
With its integrated payment tools, ease of use and focus on service, the Zions Bank Business Beyond Account is positioned to help you overcome common challenges as you scale your business.
If you’re ready to give your business a strategic advantage, apply for a Zions Bank Business Beyond Account online anytime or visit a local Zions Bank branch to learn more.