Business banking
Banking that scales when you do
One relationship from your first invoice to your five hundredth employee. Unlimited transactions, real underwriting, and a banker who answers when you call.
Talk to a business banker
Tell us what you're building. We'll come back with an account structure, a lending range, and a realistic timeline — usually within one business day.
Business checking
Three tiers. No transaction limits on any of them.
No cash deposit caps, no per-item fees, and no charge for the first 500 outgoing transfers each month on every tier.
| Feature | Starter | Growth | Scale |
|---|---|---|---|
| Monthly fee (after waiver) | $0 | $25 | $75 |
| Transactions included | Unlimited | Unlimited | Unlimited |
| Cash deposited per month | Up to $10,000 | Up to $75,000 | Unlimited |
| Sub-accounts | 2 | 10 | Up to 20 |
| Users with permissions | 2 | 10 | Unlimited |
| Same-day ACH | Included | Included | Included |
| Earnings credit on balances | — | 0.35% | 0.90% |
| Positive pay & fraud controls | — | Included | Included |
| API access | — | Read-only | Full |
| Dedicated banker | Shared team | Named contact | Named team of 3 |
Open in a day
Sole traders open online in about 15 minutes. Entities with an EIN and formation documents typically clear within one business day.
Cards with real controls
Issue a virtual card per vendor, set a monthly cap, and freeze it from your phone. Every transaction lands in your ledger with the receipt attached.
Books that reconcile
Direct feeds to QuickBooks, Xero and NetSuite, plus a rules engine that codes recurring vendors automatically.
Treasury management
See every dollar, in every account, at 7 a.m.
Consolidate balances across banks, automate your sweep, and put real controls between your money and a fraudulent wire.
- Cash positioning — one dashboard for balances at Meridian and your other banks, refreshed every 15 minutes.
- Positive pay — we check every cheque and ACH against the list you send us and flag exceptions before they clear.
- Automated sweeps — move excess cash into a money market account overnight, and back before payroll runs.
- API & file transfers — REST API, SFTP batch files, and ISO 20022 support with sandbox access from day one.
Built for the way fraud actually happens
Business email compromise is the most expensive scam in commercial banking. Our controls are designed around it:
Dual approval on every outgoing wire
No single login can move money out. Approvers are notified out-of-band, not by email.
Verified payee lists
New beneficiaries sit in a 24-hour cooling-off period and require a callback to a number you registered.
Anomaly alerts in plain language
"This payment is 4× your usual amount to a payee added yesterday." That's the alert, word for word.
Merchant services
Take payments without giving away the margin
Flat, published pricing. No monthly gateway fee, no PCI compliance fee, no long-term contract, and settlement the next business day.
In person
- Free terminal, or use tap-to-phone
- Offline mode keeps taking payments
- Tip prompts you control
Online
- Hosted checkout or drop-in SDK
- Apple Pay, Google Pay, ACH, and cards
- Automatic card updater reduces declines
Invoicing
- Send from the app or your own domain
- Automatic reminders and payment links
- Customers pay by card, ACH or bank transfer
Business lending
Credit sized to the opportunity
From a $10,000 line of credit to a $5 million term loan. Decisions are made by underwriters in your region who can visit your premises.
Estimate a term loan
A 1.5% origination fee is assumed and included in the APR.
Estimated monthly payment
$3,132/ month
Estimate only. Commercial credit is underwritten individually; your rate and structure will reflect your financials and collateral.
| Product | Amount | Rate from | Decision time |
|---|---|---|---|
| Business line of credit | $10,000 – $5,000,000 | 9.25% APR | 2 business days |
| Term loan | $25,000 – $5,000,000 | 10.50% | 3–5 business days |
| SBA 7(a) | Up to $5,000,000 | 8.75% | 2–3 weeks |
| Equipment financing | $15,000 – $2,000,000 | 7.95% | 3 business days |
| Commercial real estate | $250,000 – $25,000,000 | 7.25% | 3–4 weeks |
| Merchant cash advance | $5,000 – $250,000 | 1.25 factor rate | Same day |
Payroll & people
Run payroll the same day you approve it
Included with Growth and Scale business checking at no extra cost. Federal and state filings, direct deposit, contractor payments and W-2s in one place.
- Same-day direct deposit for W-2 and 1099 workers
- Automatic federal, state and local tax filings
- W-2 and 1099-NEC preparation and e-filing
- Time tracking, PTO balances and scheduling
- Health insurance and 401(k) administration through partners
- Multi-state registration handled for you
Open a business account this week
Sole traders can finish online in 15 minutes. Entities with an EIN usually clear in one business day — and the first 24 months of fees are on us.