Home topics small-business-resources hot-tips Advice Advice Banking Advice What can the big four offer your business? Jen Bishop September 12, 2012 All the big banks say they’re the best for small business, but they also all want a piece of this large part of the market. To cut through the confusion, here’s an in-depth look at what each bank claims to have to offer SMBs. Commonwealth Bank Commonwealth Bank prides itself on its personalised, local service from expert business bankers who understand where you’re coming from as a business owner. It has dedicated business bankers working across the country’s largest branch network. Realising that businesses don’t just work 9 to 5, it also offers a 24/7 phone service answered by a real person, with no answering machines. In terms of online banking, the CBA claims NetBank is Australia’s best online banking service and also offers CommBiz, a premium online transaction service with around-the-clock transactional capabilities and access to your business accounts. A number of business accounts and cards are offered: • Business Transaction Account • Premium Business Cheque Account • Business Online Saver • Business Debit MasterCard. Its Better Business Package is a flexible banking solution that works to simplify your everyday business banking. It gives you everything you need to accept and make payments, manage business transactions, make the most of cash on hand, and access extra funds when you need them. Its free Women in Focus program is dedicated to inspiring, informing and connecting women across Australia –

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