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Updated over 6 years ago on . Most recent reply

User Stats

251
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Ayne C.
Pro Member
  • Rental Property Investor
  • Tampa, FL
124
Votes |
251
Posts

Business checking account

Ayne C.
Pro Member
  • Rental Property Investor
  • Tampa, FL
Posted

When choosing a bank to open a business account for an LLC what do you look for?

... relationship with a small local bank (to partner with on buying rental property)

....favorable low fee checking account options

....anything else?

Thanks in advance

  • Ayne C.
  • Most Popular Reply

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    Alexander Felice
    Pro Member
    • Guy with Great Hair
    • Austin, TX
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    Alexander Felice
    Pro Member
    • Guy with Great Hair
    • Austin, TX
    Replied

    best to do loans through a broker and not a bank imo

    business checking accounts are notoriously awful, and provide little benefit other than building a relationship which is negligible at best, and usually won't even matter.

    as @Aaron K. said, online is best. Traditional banks haven't innovated any new or useful business checking products in a long time.

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