Business Services
Business Checking
Regular Business accounts are available with a low monthly fee if the balance falls below $500.00. If the balance falls below $500, a charge of $6.00 is assessed. An initial deposit of $500 is required. Unlimited check writing. Monthly statement. Subject to analysis charge.
Remote Deposit
Our Remote Deposit product provides you the means to make your deposits electronically, direct from your place of business.
This service is easy to use and we provide training and support. You will capture your deposit by scanning your checks and creating a deposit file to send to us electronically.
We will provide the hardware and software required, and again will provide ample support and training.
The cost to you will vary depending on your deposit and loan relationship with WAB.
Please contact your local WAB office for more information. We will be glad to visit your business or office to discuss this service with you.
Business Loans
Commercial Loans
Commercial loans are designed to meet specific business operating needs. Talk with us about loans for expansion, remodeling, new equipment, and other business expenses. We are qualified to serve your needs for today and in the future.
Small Business Administration Loans
Talk with West Alabama Bank about government-guaranteed loans for small businesses. We can help with the special challenges small businesses, partnerships and sole proprietorships face.
Business Manager
Business Manager is a complete system that allows you to get cash for your receivables on a daily basis by selling them to the bank at a discount. The service effectively puts your business on an all-cash basis, enabling you to take advantage of suppliers’ early payment discounts, increase sales, redirect staff time and even offer convenient payment terms to your customers. You save the time and money traditionally spent on receivables management allowing you to focus on building your business.
- Business Manager HELPS Small Businesses:
- Maintain dependable cash flow
- Improve payment habits to suppliers
- Take advantage of prompt pay and volume discounts from suppliers
- Purchase important equipment as needed
- Pay off existing debt
- Establish retirement fund
- Hire more staff
|
