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Just like a personal savings account does, a business savings account lets you set money aside for future needs and growth.
This business savings account is ideal for small-saving businesses.
A business savings account lets you earn interest on money deposited into the account. Maximizing your cash flow, saving for taxes and funding growth needs are easier when you have money that’s not only set aside but also growing on its own.
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A business money market account can offer a higher interest rate by requiring a higher minimum balance while still giving your business easy access to capital.
If you’re able to maintain a larger balance, a money market account will give you a higher interest rate. Higher interest rates means your money grows faster while still offering you access to your capital if you need it.
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