Small Business Solutions

Small businesses have different financial needs than individual consumers and big businesses. They don’t always need high-dollar loans, but they do more regular transactions than an individual would. So, they are looking for products and services that address their needs and bankers with whom they can have a relationship to establish financial success in the long term. Small to medium-sized businesses can often benefit from small business checking accounts, payroll management, business credit cards and lines of credit, fraud prevention tools, and more to keep business running smoothly.

Yes, a business checking account gives you a place to keep your money to make essential purchases and pay employees, while also keeping personal separate from business. With business transactions in one place, it makes it easier to do your taxes, apply for loans, and protect your personal funds if legal trouble should head your way. In addition, business checking accounts come with debit cards for easy access and online features that can be added on like treasury management services for fraud detection, accounts receivable, and more.

Texas First offers numerous business checking and savings account options, and the best account to open will depend on the number of transactions your business does, in addition to your goal for the account’s use. Visit the TFB business checking and savings account pages to compare and give us a call or stop in to talk through your options with a banking expert.

We are able to help Texas businesses and businesses with certificates of authority to do business in the state of Texas.

Fees will vary based on the account that you choose, however, if a fee is present, most can be waived by maintaining a minimum daily balance in your business account.

A business credit card is an easy-to-apply-for option that can give your business more access to capital. Often, approval comes rather instantly. Credit cards can be used to make business purchases, track them in one place, and build a business’s credit rating. In addition to keeping your personal and business expenses separate, business credit cards don’t stay on your personal credit report beyond an initial check and provide a way for companies to give their employees access to funds in a controlled way.

What you need to set up a business account depends on the structure of your business. We recommend calling your local banking center to identify the documents you need, and then either set up a business concierge appointment for us to come to you or stop by your closest banking center.