When you are founded by an entrepreneur, you have a special appreciation for the needs of business owners — from lending opportunities to continuous product enhancement. As a top-ten SBA 7(a) lender, we relish the opportunity to deliver working capital through a streamlined lending experience to help small business owners fulfill their dreams.
Our Do More Business™ Checking enables entrepreneurs to accomplish more in less time. In 2023, two new tools were introduced to the account’s broad range of benefits. Cash Flow Analysis delivers automated cash flow forecasting, competitive benchmarking and more. Balance Optimizer allows business owners to seamlessly move money between their Do More Business Checking account and a First IB Business Money Market or Business Savings account to earn higher-yielding interest.
Beyond product enhancement, we introduced a new streamlined business account application process that allows owners to open and fund accounts online in minutes, while improving conversion rates for completed applications, reducing support calls and boosting overall customer satisfaction. And, we continue to be industry leaders as evidenced by our selection to be a pilot bank in the FedNow® Service, the Federal Reserve Bank’s new real-time payment system.
Business owners have lofty goals and big dreams, and we are honored to help make them a reality. We understand small business, because we were one. And look at how we have grown:
