New York Business Banking Services
Flushing Bank offers additional business banking services designed to help you and your New York business. These include the following:
ProceedSM Business Loan
The Proceed Business Loan is a business banking product established to offer small businesses access to fairly priced loans. Through the Proceed Business Loan program, we are able to offer our small business customers a new, easy, and fast business banking solution for short-term loans of up to $100,000.
The Proceed Business Loan bridges the gap between traditional bank loans and factoring products such as merchant cash advances. By assessing your business's monthly cash flow received from credit card payments, this business banking service enables you to use the strength of your cash flow to manage demands for capital. Whether you're adding to your inventory, purchasing a new piece of equipment, dealing with an emergency, or need to fund growth - we can help.
CDARS® - An FDIC Insured Business Banking Service
CDARS® is the Certificate of Deposit Account Registry Service®. And it's the easiest, most convenient way to enjoy full FDIC insurance on deposit amounts larger than $100,000. Flushing Bank offers this business banking service to help you purchase multiple CDs and provide you with the following:
- Peace of Mind
To ensure maximum FDIC insurance coverage, customers will often employ strategies such as variations on bank account titles and splitting their funds among multiple banks; with CDARS® at Flushing Bank, the customer's life is made much simpler. We do all the work to deliver as much as $50 million in FDIC insurance. - One Bank
With a minimum initial deposit of $10,000, Flushing Bank handles everything. Your large deposit is broken into smaller amounts and placed with other banks that are members of a special network.* Then those member banks issue CDs in amounts under $100,000, so that your entire savings/investment is eligible for FDIC insurance. - One Rate
With CDARS®, you earn one rate on your entire investment. - One Statement
You receive one statement listing all of your CDs, along with the issuing banks, maturity dates, interest earned, and other details.
Leasing - The Business Banking Service Equipped to Help Your Business
Capital starts a business and keeps it growing. Equipment enables your business to function more efficiently and competitively. Flushing Bank and its partner, De Lage Landen offer you leasing business banking services that enable you to do just that. Our leasing services provide the following:
- Easier Cash Flow
- Conservation of Capital
- Use of Equipment
- Flexible Payment Structures
- 100% Financing
- Protection Against Obsolescence
- Potential Tax Benefits
- Flexible Lease End Options
- Fixed Payments
We also offer your practice additional business banking services including TransFirst Business Merchant Services, Business Money Markets and CDs, Loans and Lines of Credit, Business Checking, Cash Management, SBA Loans and more.
Call us at 718-512-2773 to speak to a Business Banker or fill out the contact form and learn more about the benefits of banking with Flushing Bank.
Proceed Business Loan is a service mark of On Deck Capital, Inc. and is offered through Promontory Interfinancial Network, LLC.
CDARS® and Certificate of Deposit Account Registry Service are registered trademarks of Promontory Interfinancial Network, LLC.
*Members of the network issuing CDs through CDARS® are FDIC insured "banks" and "savings associations" as those terms are defined in the Federal Deposit Insurance Act.
Loans are subject to credit approval.
