We conducted over 500 hours of interviews and asked small business owners how they felt about their banks. Most said their chosen bank isn’t ideal, but it’s “good enough.” If you ask us, that answer is, well… not good enough.
If your bank is just barely hitting the “good enough” mark, it’s time to switch like the mass of other entrepreneurs joining the platform. NorthOne is built for you, by people like you. We’re looking to change the way business owners think about banking.
1. Banking that saves you up to 50% on bookkeeping.
Is there a worse feeling than scrambling for receipts or looking for bank statements when it’s tax time? Stay on top of your finances year-round with access to unlimited account history, automatic transaction categorization, and the ability to attach receipts to bank transactions. If you’re using a bookkeeping service, check out our options for seamless integration. ?
You can also provide your bookkeeper with read-only access to your account. Say goodbye to the printouts and folders. Your bookkeeper (and the environment ?) will thank you.
2. All the banking you need, right on your phone.
It’s a bank account designed for a single purpose: Reducing the time it takes for you to get your sh*t done.
No more waiting. No branch lines. Ever. You’ll have complete control of your bank account and cards right from your phone. Send payments, deposit checks, lock and unlock your cards, and edit your pin. You can also keep track of spending and set daily spending limits. Get real-time notifications for every transaction you make, sometimes even before you’ve pulled your card out of a store’s terminal!
You’ll love this: No more copy-pasting or downloading clunky files of bank data. We plug into all the tools you use and empower you to export all your data in real time, including accounting and ecommerce software.
3. 24/7 human support, minus the wait.
Give us a shout via live chat in the NorthOne app, schedule a time for us to call you at your convenience, or send us an email. We’ll get back to you ASAP.
4. Get your co-owner onboard.
Does your business partner also need access to your bank account? Most likely, yes. Set them up with a company debit card so they can also make deposits and send money.
5. Be proactive with your money.
Our cash flow reporting feature gives you insights into your company’s spending, revenue, and balance. Become a finance wiz and use these insights into make strategic operating decisions. ?
With unlimited accounts, you can create dedicated envelopes, to be proactive and put aside money for taxes, payroll, or other large purchases. Think of them like organized piggy banks to split up your money and budget better.
6. Radically transparent pricing with no hidden fees.
NorthOne’s pricing is simple. Subscriptions are $10, $20, or $50 and automatically scale up or down with your business. You’ll never pay for what you don’t need. Aside from that, domestic wires are $10, international wires are $25, overdraft protection is $5 per day, ACH returns are $2, and NSF charges are $25. That’s it. No hidden fees. No small print. Nada.
7. Three minute account setup.
180 seconds to get a NorthOne account. Approximately how long it took you to read this article. ?
Check out how we stack up against leading big banks and learn more about how we’re changing the face of banking for small businesses and startups.