Novo

Novo's Business Checking Account

Novo offers a business checking account tailored for small businesses. The account stands out due to its lack of hidden fees, monthly fees, or required minimum balance, making it an attractive option for startups and small enterprises looking to reduce banking costs. Customers benefit from features such as instant card controls, bank-grade encryption for data security, and FDIC insurance up to $250,000 through Middlesex Federal Savings. The account also integrates seamlessly with major platforms like Stripe, Shopify, and QuickBooks, allowing for streamlined financial management.

Novo's Business Debit Card

Novo provides a business debit card that simplifies expense management for small businesses. The card comes with features such as instant card controls, which enable users to monitor purchases and manage their debit card easily. Additionally, Novo offers a virtual debit card that can be used immediately upon account funding, ensuring that businesses can start making purchases without delay. This flexibility is crucial for businesses that need quick access to funds and efficient expense tracking.

Novo's Small Business Financing

Novo offers fast and flexible small business financing options directly from the customer’s account. Eligible businesses can access the necessary funds quickly, which is vital for managing cash flow and investing in growth opportunities. This integrated financing solution is designed to be hassle-free, eliminating the need for separate applications or lengthy approval processes. By providing immediate access to capital, Novo supports the financial health and expansion of small businesses.

Novo's Invoicing and Payroll Features

Novo allows businesses to create and send unlimited, customizable, and free invoices directly from their account. This feature streamlines the billing process and helps ensure timely payments. Additionally, Novo enables businesses to pay employees directly from their account, simplifying payroll management. By integrating with payment and payroll tools, Novo centralizes financial insights and enhances operational efficiency for small business owners.

Novo's Partner Perks

Novo offers exclusive savings through its Partner Perks program, which provides discounts on a curated selection of business software. This initiative helps small businesses save on essential tools and services, enhancing their overall operational efficiency. By partnering with top software providers, Novo ensures that its customers have access to high-quality resources at reduced costs, further supporting their business growth and success.