Open a Business Bank Account
Open a Business Bank Account
For legal and financial reasons, it’s important to separate your personal and business expenses and open a business bank account.
Why should I open a separate bank account for my business?
There are many reasons why it is important to open a business bank account. Opening a separate account can help protect your personal finances from business-related expenses. In order to get paid by the City, you will need a business bank account. Additionally, many loan applications and other certifications require you to have a business bank account.
How do I open a business bank account?
The Small Business Administration (SBA) website is a great resource for learning more about opening a business bank account. Visit the SBA’s guide to opening a bank account for your business here.
Other Local Resources
- Bank On - https://bankonkc.org/
- AltCap - https://www.alt-cap.org/
- NetWork Kansas - https://www.networkkansas.com/