Save more, earn more with Platinum Savings.
Vast Bank customers have access to the Transfund Network.
Get your invoices paid in cash within days, for working capital that keeps pace with your business.
Make the most of your money with up to $50 million in FDIC insurance, daily liquidity & an attractive yield.
We're dedicated to serving our customers better along every step of their journey.
Thanks for Noticing: A Peek into the Landmark Vast Bank Building in Downtown Tulsa
Turn your receivables into working capital.
It's hard to grow your business when you're waiting 30 to 90 days to get paid. Taking out a line of credit can help move your business forward in the meantime, but even this option can put limitations on your borrowing ability.
BusinessManager isn't a traditional line of credit. It's one step ahead. By funding new invoices upon receipt, BusinessManager is the fastest and most convenient solution to maintaining the consistent, predictable cash flow your company needs to thrive.
BusinessManager gave us options at a time when our business was cash constrained, allowing us to operate with greater leverage against our receivables, and with a fee structure that was manageable for the business.
Our company grew sales from $1.5 to $23 million in a very short period thanks in large part to Vast Bank and Business Manager. Using Business Manager, Vast Bank was able to offer a higher advance rate upfront on our invoices which allowed us to achieve this level of rapid growth easily and comfortably.
Vast Bank purchases your accounts receivable at a negotiated rate, both initially and on an ongoing basis, as new receivables are generated.
Funds are consistently deposited into your account as you upload invoices through our easy-to-use online portal.
Using a self-liquidating solution customized to your business, your accounts receivable are processed efficiently. Vast Bank allows you to manage your client relationships and will never contact or collect payments from clients on your behalf.
Start growing your business the smart way. Fill out the form below to get in touch with a Vast Bank representative.
Want to skip the form? Email us directly at BusinessBanking@Vast.Bank
*Disclosures
1 The Annual Percentage Yield ("APY") for the Vast Checking Account is variable and may change at any time based on Vast's discretion. The disclosed APY is effective as of August 19, 2021. No minimum balance requirements apply to maintain this account. You must have at least $.01 in the Vast Checking Account to earn interest.
2 Checking accounts are FDIC insured.
3 Deposits to your DDA account may be subject to different funds availability timeframes. We will make up to $1,000 of the initial funding transfer from an external account available for trading on the day of deposit. The remaining initial funding transfer from an external account will be available 5 business days after the day of deposit. All other deposits may be subject to different funds availability timeframes.
4 Certain banks may apply additional fees, such as out-of-network ATM charges and foreign exchange fees. ATM withdrawals are free at any Allpoint or Transfund network ATM.
5 Digital assets (i.e., cryptocurrencies) held in your digital asset account (i.e., crypto account) are not insured by any governmental entities, including but not limited to FDIC or SIPC. As with any asset, the value of digital assets can go up or down and there can be substantial risk that you lose money buying, selling, holding, or investing in digital assets. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. No Bank Guarantee and May Lose Value. For additional terms and conditions governing your digital asset account, please refer to our Digital Asset User Agreement.
6 Transfers and/or deposits may be delayed due to unforeseen technical issues or issues beyond our control. Vast Bank works to ensure any potential delays are identified quickly and kept to a minimum.
