Here to Help: Services for Small Businesses
By Tom Cleary
Running a small business is no easy task. Small business owners often single-handedly perform many or all of the diverse functions that go into a business operation. So when there is an opportunity to get some outside assistance, many entrepreneurs will jump on it. As a part of a thriving community, Federated Bank strives to work with small businesses to offer support services to help them succeed. In addition to business savings and checking accounts and credit cards, here are three Federated Bank services that small businesses can take advantage of.
Merchant Processing
We live in a world that runs on credit. People use credit cards these days to make all kinds of purchases. For that reason, it is often a necessity for businesses to accept payment via credit card. Federated Bank can process these credit card payments for our business customers. Set-up is simple, and this service provides businesses with a convenient opportunity to take payments in a form that their customers find convenient too.
Employee Services
Few businesses can run without employees, and most employers understand the importance of managing workers and keeping them happy. Federated Bank offers services that your human resources department can utilize for the benefit of employees. We have direct deposit, a convenient way to get your employees paid. We also provide health savings accounts, which employees can use to manage health care costs.
Lending
Finally, a major contribution that Federated Bank can make to the health of small businesses in our area is financing. Businesses that are just starting or that are looking to expand often need outside financing to make their plans succeed. Others need cash in order to invest in property or a piece of equipment. Still others require access to credit in order to better manage an uneven cash flow. We have flexible lending options that give businesses in any of these circumstances the opportunity to move forward and grow strong.
If you have your own business and would like more information about how Federated Bank can make your life a little easier, stop by anytime and talk with your local branch manager. Or give us a call to set up an appointment. We would love to explain more about our products and how they can work for your small business.
