Nonprofit Industry Products
Most of our nonprofit industry customers take advantage of one or more of the following banking products:
- Business Checking Accounts or Small Business Checking: We offer a special nonprofit checking account with a low minimum balance requirement and other benefits. For a more robust option, we offer small business checking accounts for our nonprofit customers.
- Investment Savings Accounts: Our money market investment accounts allow you to keep your funds in a secure place for immediate or later use.
- Business Lines of Credit / Term Loans: Our flexible small-business loans and lines of credit can help you with working capital and/or purchasing real estate or other expansion efforts.
At Lake Ridge Bank, our value-added business solutions are tailored for the unique business challenges nonprofits face, including:
Our Check-Positive Pay solution ensures your accounts and funds will never be interrupted or compromised
Access your account balance, perform transactions or review statements from your mobile device
Allow donors to contribute via debit and credit cards through a variety of processing methods, including wireless, mobile, point-of-sale systems, terminals, online shopping carts and more
Immediate, online access to your payments and accounts, with value-added services such as our eCourier check deposit service
Business Credit Cards
Consolidate and simplify your purchases by utilizing our business credit cards featuring competitive, locked-in interest rates, rewards and no annual fees
ACH Origination, ACH Filter
Have full control of your payables and receivables with our online system, complete with added fraud protection filters