Small Business Banking Platform | Lili

To meet small business banking requirements in 2026, you need proof that your business legally exists, a tax ID, personal identification, and details of anyone who owns 25% or more of the company. In practice that means an EIN (or your SSN if you are a sole proprietor), your business formation documents, a government-issued photo ID, and your business name and address. The ex...

The best business bank accounts for teams in 2026 are Lili for free multi-user, multi-rule access, Relay for multi-account structure and large card fleets, Mercury for startups that need corporate cards and approval workflows, Bluevine for earning interest with basic team roles, Brex for corporate-card spend at scale, and Chase for cash-heavy teams that need branches. The fea...

Modern small business banking is the set of financial accounts, cards, credit, and money-management tools designed specifically for small companies rather than individuals or large corporations. At its core it gives your business a dedicated checking account, but it usually extends to savings, a business debit or credit card, lines of credit and loans, payment processing, and...

Opening a business bank account for a U.S.-registered small business has never been easier. Gone are the days when you had to schedule an appointment at a physical branch and spend an afternoon signing a stack of papers. Instead, many account providers now offer online applications that can be completed from your phone within a matter of minutes. Once approved, you can often ...

You formed a US LLC, you’re ready to get paid, and then the account application stalls. Or it comes back rejected with no reason given. It’s one of the most common frustrations we see with non-resident founders, and it rarely has anything to do with who you are.

Opening a US bu...