What is a Business Savings Account?
Business savings accounts are for extra money that you can tap into when you need it.
If you're an entrepreneur, you have no doubt heard of the benefits of a business savings account.
And while the name may seem self-explanatory, you may be wondering what such an account can do for your business.
Simply put, this account is for extra money that you can put aside, and then tap for later use, for whatever and whenever you need it.
Common uses of a business savings account include insulating yourself from risk during financial emergencies, covering costs throughout slower periods and funding future projects rather than relying on credit.
For more information on how a small business savings account can help your company, contact your local Vectra Bank representative.
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