Providing Thoughtful Expertise to Help You Succeed.
Business Banking
Starting or growing your company?
At Tandem, we take a common sense approach to helping business owners build their business. Because we’re entrepreneurs ourselves, we’ve walked a mile in your shoes. Unlike other banks, we can identify with the challenges unique to growing businesses. Our seasoned bankers are here to remove roadblocks to your success.
Business Checking
Running a business requires knowledge, hard work and dedication. Tandem can help make life a little easier by offering several business checking account options to meet your unique needs.
Free Business
A perfect solution for most businesses.
- No minimum balance
- No monthly service charge
- 500 Free monthly debit and credits
(credits and debits in excess of 500 are charged 15¢ each) - There is a charge of $3.00 monthly for mailing paper statements. You can avoid this charge by signing up for E-statements.
Analysis Account
Designed for businesses with more complex services or higher transaction volume.
- Designed for businesses with more treasury services needs, such as ACH and Wire services
- Earnings credit may offsets transaction fees
- There is a charge of $3.00 monthly for mailing paper statements. You can avoid this charge by signing up for E-statements.
Business Interest
Available for sole proprietorships or nonprofit organizations.
- Earns competitive interest rate
- Only $1,500 average ledger balance to avoid monthly service fee of $7
- There is a charge of $3.00 monthly for mailing paper statements. You can avoid this charge by signing up for E-statements.
Lawyers Trust Account (IOLTA)
Available for lawyers’ escrowed funds.
- Earns competitive interest rate
- No monthly service charge
- Only $1,500 average ledger balance to avoid monthly service charge of $7
- There is a charge of $3.00 monthly for mailing paper statements. You can avoid this charge by signing up for E-statements.
Every business checking account comes with the following services:
- Integration with QuickBooks®
- Business Mastercard® Debit Cards
- Connect via Apple Pay®, Google Pay™, Samsung Pay®
- No charge for using other bank’s ATM
- Mobile App or Online Banking
- Bill Pay
- No charge for incoming wires
- E-statements
Business Savings
Earn competitive rates on excess cash while maintaining immediate access to funds
Money Market Account
- Tiered interest rate based on daily available balance
- 6 withdrawals per monthly statement cycle
- $5 charge for each debit in excess of 6 per monthly statement cycle
- $2,500 average daily available balance to avoid monthly $10 service charge
- There is a charge of $3.00 monthly for mailing paper statements. You can avoid this charge by signing up for E-statements.
Certificates of Deposit
- Flexible terms from 6 months to 5 years
- Competitive rates for a fixed period
- Early withdrawal penalties may apply
- $5,000 minimum deposit to open
Money Market accounts come with the following services:
- Easy transfers using Mobile App or Online Banking
- No charge for incoming wires
- E-statements available
Business Loans
Our seasoned business bankers who seek to understand your unique needs and develop customized loan structures to help your company flourish.
Commercial Real Estate
- Proceeds available for the construction or purchase of commercial real estate
- Financing for a variety of property types.
Business Expansion
- Expansion of product line or service offering
- Buyout of existing shareholders.
- Acquisition of another company
Working Capital
- Revolving lines to finance seasonal cash needs
- Loans to support accounts receivable or inventory growth
Equipment
- Financing for various equipment or asset needs.
- Loan terms can often be set to correspond with the life of the asset
Construction & Development
- Construction loans for building residential homes and smaller attached and detached residential projects.
- Draws are generally monthly and construction progress is inspected by a third-party
- Available to builders for both speculative and pre-sold homes
SBA Loans
- Nationwide lender for Small Business Administration guaranteed loans
- Loan sizes $25,000 – $5,000,000; expedited process for loans up to $150,000
- Benefits include: extended repayment terms, lower down payments and equity requirements, and flexible loan structures
- Eligible uses of proceeds: owner occupied real estate; business acquisitions/partner buyouts; equipment; working capital; debt refinance and select franchise concepts
- Managed by Venturus, our team of SBA experts
Tandem Bank NMLS #1906962
Treasury Services
Scalable solutions to streamline payments, manage liquidity, mitigate risk, and implement greater control
View and Report
- Control user access
- View transaction history, statements and images
- Connect to financial software
- Customize reports for better decisions
Pay and Receive
- ACH Service to efficiently send and receive payments electronically
- Pay Bills electronically.
- Wire Funds through secure portal
- Deposit checks remotely using App or desktop scanner with flexible limits
- Accept debit and credit cards with next day funding
Monitor & Control
- Activate account activity alerts
- Protect against fraud by making pending ACH and check pay/return decisions
- Dual control for high dollar transactions
- Sweep accounts to optimize interest
- Purchasing cards for greater control of purchases
Business Credit Cards
Business Card
Provides businesses who may need to carry a balance a convenient way to manage everyday business expenses.
Benefits
- Manage Business expenses 24/7 through ServisFirst Card Manager
- Improve cash flow with added buying power for your business
- Up to 50 card holders per account
- Make business purchases around the world
- Take advantage of managing your Business card on the go with our new Mobile app, CardValet®
- Set account alerts to track payments and balances online
- 1% cash back available on rewards card, up to $1,000 annually
- Card options:
- Platinum Card with Cash Back Rewards – cash back with a $79 annual fee
- Platinum Benefits Card – no annual fee
Tandem Bank credit cards are issued by ServisFirst Bank. All credit cards are subject to credit approval.
Purchasing Card
Offers functionality and reporting to effectively manage your business payables and earn a cash rebate. The online account management system allows cardholders the ability to reconcile their charges with the expense management system.
Benefits
- Improve efficiency, reduce costs, and have a greater visibility into expenses and procurement.
- Restrict cards at the individual level by merchant category, daily and monthly spend, and much more.
- 24/7 online access allows administrators to add cardholders, MCC codes, increase/decrease spend limits, view approvals/declines, print statements, update profiles, and make payments in real-time.
- Earn cash back rebate on all purchases through a tiered rebate structure.
Expense Management Software
The Expense Management module offers broad functionality by leveraging advanced capabilities for queries, workflow management, report generation, and data exports.
- Define account code segments including cost centers, departments, or other account ledger indicators to automatically assign to transactions.
- Account holders can review, edit, and submit expense reports for supervisors to review.
- Provides program administrators, finance personnel, and travel and purchasing managers extensive spend analysis tools.
- Track out of pocket and mileage expense reimbursements and record on separate reports for audit purposes.
Visa® Payables Automation
- Streamline the way you pay your suppliers: Visa® processes your account payable files and adjusts limits as needed. A remittance notice is then sent to your supplier, and, after your supplier charges the card, you will receive all reconcile notifications.
- Control spending: Visa® can automatically adjust your commercial card limit to match approved invoices, reducing the risk of unauthorized activities.
- Optimize cash flow: Since your supplier charges a Visa® account, you do not have to pay until you receive a consolidated bill from your bank.
Cash Back Tiers
- $0 – $499,999 annual purchases 0.25%
- $500,000 – $4,999,999 annual purchases 0.75%
- $5,000,000+ annual purchases 1.00%
Tandem Bank credit cards are issued by ServisFirst Bank. All credit cards are subject to credit approval.
- Business Checking
-
Business Checking
Running a business requires knowledge, hard work and dedication. Tandem can help make life a little easier by offering several business checking account options to meet your unique needs.
Free Business
A perfect solution for most businesses.
- No minimum balance
- No monthly service charge
- 500 Free monthly debit and credits
(credits and debits in excess of 500 are charged 15¢ each) - There is a charge of $3.00 monthly for mailing paper statements. You can avoid this charge by signing up for E-statements.
Analysis Account
Designed for businesses with more complex services or higher transaction volume.
- Designed for businesses with more treasury services needs, such as ACH and Wire services
- Earnings credit may offsets transaction fees
- There is a charge of $3.00 monthly for mailing paper statements. You can avoid this charge by signing up for E-statements.
Business Interest
Available for sole proprietorships or nonprofit organizations.
- Earns competitive interest rate
- Only $1,500 average ledger balance to avoid monthly service fee of $7
- There is a charge of $3.00 monthly for mailing paper statements. You can avoid this charge by signing up for E-statements.
Lawyers Trust Account (IOLTA)
Available for lawyers’ escrowed funds.
- Earns competitive interest rate
- No monthly service charge
- Only $1,500 average ledger balance to avoid monthly service charge of $7
- There is a charge of $3.00 monthly for mailing paper statements. You can avoid this charge by signing up for E-statements.
Every business checking account comes with the following services:
- Integration with QuickBooks®
- Business Mastercard® Debit Cards
- Connect via Apple Pay®, Google Pay™, Samsung Pay®
- No charge for using other bank’s ATM
- Mobile App or Online Banking
- Bill Pay
- No charge for incoming wires
- E-statements
- Business Savings
-
Business Savings
Earn competitive rates on excess cash while maintaining immediate access to funds
Money Market Account
- Tiered interest rate based on daily available balance
- 6 withdrawals per monthly statement cycle
- $5 charge for each debit in excess of 6 per monthly statement cycle
- $2,500 average daily available balance to avoid monthly $10 service charge
- There is a charge of $3.00 monthly for mailing paper statements. You can avoid this charge by signing up for E-statements.
Certificates of Deposit
- Flexible terms from 6 months to 5 years
- Competitive rates for a fixed period
- Early withdrawal penalties may apply
- $5,000 minimum deposit to open
Money Market accounts come with the following services:
- Easy transfers using Mobile App or Online Banking
- No charge for incoming wires
- E-statements available
- Business Loans
-
Business Loans
Our seasoned business bankers who seek to understand your unique needs and develop customized loan structures to help your company flourish.
Commercial Real Estate
- Proceeds available for the construction or purchase of commercial real estate
- Financing for a variety of property types.
Business Expansion
- Expansion of product line or service offering
- Buyout of existing shareholders.
- Acquisition of another company
Working Capital
- Revolving lines to finance seasonal cash needs
- Loans to support accounts receivable or inventory growth
Equipment
- Financing for various equipment or asset needs.
- Loan terms can often be set to correspond with the life of the asset
Construction & Development
- Construction loans for building residential homes and smaller attached and detached residential projects.
- Draws are generally monthly and construction progress is inspected by a third-party
- Available to builders for both speculative and pre-sold homes
SBA Loans
- Nationwide lender for Small Business Administration guaranteed loans
- Loan sizes $25,000 – $5,000,000; expedited process for loans up to $150,000
- Benefits include: extended repayment terms, lower down payments and equity requirements, and flexible loan structures
- Eligible uses of proceeds: owner occupied real estate; business acquisitions/partner buyouts; equipment; working capital; debt refinance and select franchise concepts
- Managed by Venturus, our team of SBA experts
Tandem Bank NMLS #1906962
- Treasury Services
-
Treasury Services
Scalable solutions to streamline payments, manage liquidity, mitigate risk, and implement greater control
View and Report
- Control user access
- View transaction history, statements and images
- Connect to financial software
- Customize reports for better decisions
Pay and Receive
- ACH Service to efficiently send and receive payments electronically
- Pay Bills electronically.
- Wire Funds through secure portal
- Deposit checks remotely using App or desktop scanner with flexible limits
- Accept debit and credit cards with next day funding
Monitor & Control
- Activate account activity alerts
- Protect against fraud by making pending ACH and check pay/return decisions
- Dual control for high dollar transactions
- Sweep accounts to optimize interest
- Purchasing cards for greater control of purchases
- Credit Cards
-
Business Credit Cards
Business Card
Provides businesses who may need to carry a balance a convenient way to manage everyday business expenses.
Benefits
- Manage Business expenses 24/7 through ServisFirst Card Manager
- Improve cash flow with added buying power for your business
- Up to 50 card holders per account
- Make business purchases around the world
- Take advantage of managing your Business card on the go with our new Mobile app, CardValet®
- Set account alerts to track payments and balances online
- 1% cash back available on rewards card, up to $1,000 annually
- Card options:
- Platinum Card with Cash Back Rewards – cash back with a $79 annual fee
- Platinum Benefits Card – no annual fee
Tandem Bank credit cards are issued by ServisFirst Bank. All credit cards are subject to credit approval.
Purchasing Card
Offers functionality and reporting to effectively manage your business payables and earn a cash rebate. The online account management system allows cardholders the ability to reconcile their charges with the expense management system.
Benefits
- Improve efficiency, reduce costs, and have a greater visibility into expenses and procurement.
- Restrict cards at the individual level by merchant category, daily and monthly spend, and much more.
- 24/7 online access allows administrators to add cardholders, MCC codes, increase/decrease spend limits, view approvals/declines, print statements, update profiles, and make payments in real-time.
- Earn cash back rebate on all purchases through a tiered rebate structure.
Expense Management Software
The Expense Management module offers broad functionality by leveraging advanced capabilities for queries, workflow management, report generation, and data exports.
- Define account code segments including cost centers, departments, or other account ledger indicators to automatically assign to transactions.
- Account holders can review, edit, and submit expense reports for supervisors to review.
- Provides program administrators, finance personnel, and travel and purchasing managers extensive spend analysis tools.
- Track out of pocket and mileage expense reimbursements and record on separate reports for audit purposes.
Visa® Payables Automation
- Streamline the way you pay your suppliers: Visa® processes your account payable files and adjusts limits as needed. A remittance notice is then sent to your supplier, and, after your supplier charges the card, you will receive all reconcile notifications.
- Control spending: Visa® can automatically adjust your commercial card limit to match approved invoices, reducing the risk of unauthorized activities.
- Optimize cash flow: Since your supplier charges a Visa® account, you do not have to pay until you receive a consolidated bill from your bank.
Cash Back Tiers
- $0 – $499,999 annual purchases 0.25%
- $500,000 – $4,999,999 annual purchases 0.75%
- $5,000,000+ annual purchases 1.00%
Tandem Bank credit cards are issued by ServisFirst Bank. All credit cards are subject to credit approval.