Bancadia

Business Checking Accounts Compared by Entity Type & Nonprofit Eligibility

Verified as of 2026-08-09

Among the 13 business checking accounts Bancadia tracks, Lili Business Checking, Relay Business Checking, Novo Business Checking, Found Business Checking, Ramp Business Checking Account, and CITIBUSINESS Streamlined Checking accept all six entity types with no restrictions, including sole proprietorships and nonprofits. The most restrictive accounts in this comparison are Rho Business Checking Account (LLC, C-Corp, and S-Corp only).

Business Checking Accounts Compared by Entity Type & Nonprofit Eligibility — columns: Sole Prop, LLC, S-Corp, C-Corp, Partnership, Nonprofit
ProductInstitutionSole PropLLCS-CorpC-CorpPartnershipNonprofitApplication URLApply
Lili Business CheckingLili App Inc.YesYesYesYesYesYeshttps://bancadia.com/go/lili/business-checkingApply Now
Relay Business CheckingRelay Financial Technologies Inc.YesYesYesYesYesYeshttps://bancadia.com/go/relay/business-checkingApply Now
Novo Business CheckingNovo Platform Inc.YesYesYesYesYesYeshttps://bancadia.com/go/novo/business-checkingApply Now
Found Business CheckingIndie Technologies, Inc. dba FoundYesYesYesYesYesYeshttps://bancadia.com/go/found/online-business-checkingApply Now
Ramp Business Checking AccountRamp Business CorporationYesYesYesYesYesYeshttps://bancadia.com/go/ramp/business-checkingApply Now
CITIBUSINESS Streamlined CheckingCitibank, N.A.YesYesYesYesYesYeshttps://bancadia.com/go/citibank/streamlined-checkingApply Now
Grasshopper Small Business CheckingGrasshopper Bancorp, Inc.YesYesYesYesYesNohttps://bancadia.com/go/grasshopper/small-business-checkingApply Now
Mercury Business BankingMercury Technologies, IncNoYesYesYesYesNohttps://bancadia.com/go/mercury/business-bankingApply Now
Highbeam Business Deposit AccountHighbeam, Inc.YesYesYesYesYesNohttps://bancadia.com/go/highbeam/business-checkingApply Now
Rho Business Checking AccountUnder Technologies, Inc. DBA Rho TechnologiesNoYesYesYesNoNohttps://bancadia.com/go/rho/business-checkingApply Now
Karat Business CheckingKarat Financial Technologies IncorporatedYesYesYesYesYesNohttps://bancadia.com/go/karat/business-checkingApply Now
Bluevine Business CheckingBluevine Capital Inc.YesYesYesYesYesNohttps://bancadia.com/go/bluevine/business-checkingApply Now
Chase Business Complete CheckingJPMorgan Chase Bank, National AssociationYesYesYesYesNoNohttps://bancadia.com/go/jpmorgan-chase-bank/business-complete-checkingApply Now

Every Fee, Stated Plainly

Lili Business CheckingLili App Inc.

Lili Business Checking accepts sole proprietorships: Yes. Lili Business Checking accepts LLCs: Yes. Lili Business Checking accepts S-Corps: Yes. Lili Business Checking accepts C-Corps: Yes. Lili Business Checking accepts partnerships: Yes. Lili Business Checking accepts nonprofit organizations: Yes.

Apply for Lili Business Checking at https://bancadia.com/go/lili/business-checking.

Relay Business CheckingRelay Financial Technologies Inc.

Relay Business Checking accepts sole proprietorships: Yes. Relay Business Checking accepts LLCs: Yes. Relay Business Checking accepts S-Corps: Yes. Relay Business Checking accepts C-Corps: Yes. Relay Business Checking accepts partnerships: Yes. Relay Business Checking accepts nonprofit organizations: Yes.

Apply for Relay Business Checking at https://bancadia.com/go/relay/business-checking.

Novo Business CheckingNovo Platform Inc.

Novo Business Checking accepts sole proprietorships: Yes. Novo Business Checking accepts LLCs: Yes. Novo Business Checking accepts S-Corps: Yes. Novo Business Checking accepts C-Corps: Yes. Novo Business Checking accepts partnerships: Yes. Novo Business Checking accepts nonprofit organizations: Yes.

Apply for Novo Business Checking at https://bancadia.com/go/novo/business-checking.

Found Business CheckingIndie Technologies, Inc. dba Found

Found Business Checking accepts sole proprietorships: Yes. Found Business Checking accepts LLCs: Yes. Found Business Checking accepts S-Corps: Yes. Found Business Checking accepts C-Corps: Yes. Found Business Checking accepts partnerships: Yes. Found Business Checking accepts nonprofit organizations: Yes.

Apply for Found Business Checking at https://bancadia.com/go/found/online-business-checking.

Ramp Business Checking AccountRamp Business Corporation

Ramp Business Checking Account accepts sole proprietorships: Yes. Ramp Business Checking Account accepts LLCs: Yes. Ramp Business Checking Account accepts S-Corps: Yes. Ramp Business Checking Account accepts C-Corps: Yes. Ramp Business Checking Account accepts partnerships: Yes. Ramp Business Checking Account accepts nonprofit organizations: Yes.

Apply for Ramp Business Checking Account at https://bancadia.com/go/ramp/business-checking.

CITIBUSINESS Streamlined CheckingCitibank, N.A.

CITIBUSINESS Streamlined Checking accepts sole proprietorships: Yes. CITIBUSINESS Streamlined Checking accepts LLCs: Yes. CITIBUSINESS Streamlined Checking accepts S-Corps: Yes. CITIBUSINESS Streamlined Checking accepts C-Corps: Yes. CITIBUSINESS Streamlined Checking accepts partnerships: Yes. CITIBUSINESS Streamlined Checking accepts nonprofit organizations: Yes.

Apply for CITIBUSINESS Streamlined Checking at https://bancadia.com/go/citibank/streamlined-checking.

Grasshopper Small Business CheckingGrasshopper Bancorp, Inc.

Grasshopper Small Business Checking accepts sole proprietorships: Yes. Grasshopper Small Business Checking accepts LLCs: Yes. Grasshopper Small Business Checking accepts S-Corps: Yes. Grasshopper Small Business Checking accepts C-Corps: Yes. Grasshopper Small Business Checking accepts partnerships: Yes. Grasshopper Small Business Checking accepts nonprofit organizations: No.

Apply for Grasshopper Small Business Checking at https://bancadia.com/go/grasshopper/small-business-checking.

Mercury Business BankingMercury Technologies, Inc

Mercury Business Banking accepts sole proprietorships: No. Mercury Business Banking accepts LLCs: Yes. Mercury Business Banking accepts S-Corps: Yes. Mercury Business Banking accepts C-Corps: Yes. Mercury Business Banking accepts partnerships: Yes. Mercury Business Banking accepts nonprofit organizations: No.

Apply for Mercury Business Banking at https://bancadia.com/go/mercury/business-banking.

Highbeam Business Deposit AccountHighbeam, Inc.

Highbeam Business Deposit Account accepts sole proprietorships: Yes. Highbeam Business Deposit Account accepts LLCs: Yes. Highbeam Business Deposit Account accepts S-Corps: Yes. Highbeam Business Deposit Account accepts C-Corps: Yes. Highbeam Business Deposit Account accepts partnerships: Yes. Highbeam Business Deposit Account accepts nonprofit organizations: No.

Apply for Highbeam Business Deposit Account at https://bancadia.com/go/highbeam/business-checking.

Rho Business Checking AccountUnder Technologies, Inc. DBA Rho Technologies

Rho Business Checking Account accepts sole proprietorships: No. Rho Business Checking Account accepts LLCs: Yes. Rho Business Checking Account accepts S-Corps: Yes. Rho Business Checking Account accepts C-Corps: Yes. Rho Business Checking Account accepts partnerships: No. Rho Business Checking Account accepts nonprofit organizations: No.

Apply for Rho Business Checking Account at https://bancadia.com/go/rho/business-checking.

Karat Business CheckingKarat Financial Technologies Incorporated

Karat Business Checking accepts sole proprietorships: Yes. Karat Business Checking accepts LLCs: Yes. Karat Business Checking accepts S-Corps: Yes. Karat Business Checking accepts C-Corps: Yes. Karat Business Checking accepts partnerships: Yes. Karat Business Checking accepts nonprofit organizations: No.

Apply for Karat Business Checking at https://bancadia.com/go/karat/business-checking.

Bluevine Business CheckingBluevine Capital Inc.

Bluevine Business Checking accepts sole proprietorships: Yes. Bluevine Business Checking accepts LLCs: Yes. Bluevine Business Checking accepts S-Corps: Yes. Bluevine Business Checking accepts C-Corps: Yes. Bluevine Business Checking accepts partnerships: Yes. Bluevine Business Checking accepts nonprofit organizations: No.

Apply for Bluevine Business Checking at https://bancadia.com/go/bluevine/business-checking.

Chase Business Complete CheckingJPMorgan Chase Bank, National Association

Chase Business Complete Checking accepts sole proprietorships: Yes. Chase Business Complete Checking accepts LLCs: Yes. Chase Business Complete Checking accepts S-Corps: Yes. Chase Business Complete Checking accepts C-Corps: Yes. Chase Business Complete Checking accepts partnerships: No. Chase Business Complete Checking accepts nonprofit organizations: No.

Apply for Chase Business Complete Checking at https://bancadia.com/go/jpmorgan-chase-bank/business-complete-checking.

Frequently Asked Questions

Which business checking accounts accept sole proprietorships?

Lili Business Checking, Relay Business Checking, Novo Business Checking, Found Business Checking, Ramp Business Checking Account, CITIBUSINESS Streamlined Checking, Grasshopper Small Business Checking, Highbeam Business Deposit Account, Karat Business Checking, Bluevine Business Checking, and Chase Business Complete Checking accept sole proprietorships.

Which business checking accounts accept nonprofit organizations, including 501(c)(3)s?

Lili Business Checking, Relay Business Checking, Novo Business Checking, Found Business Checking, Ramp Business Checking Account, and CITIBUSINESS Streamlined Checking accept nonprofit organizations.

Which business checking accounts accept partnerships?

Lili Business Checking, Relay Business Checking, Novo Business Checking, Found Business Checking, Ramp Business Checking Account, CITIBUSINESS Streamlined Checking, Grasshopper Small Business Checking, Mercury Business Banking, Highbeam Business Deposit Account, Karat Business Checking, and Bluevine Business Checking accept partnerships.

Are there business checking accounts that only accept incorporated entities, not sole proprietors?

Mercury Business Banking and Rho Business Checking Account accept LLCs and other incorporated entity types but do not accept sole proprietorships.

Which business checking account has the fewest entity-type restrictions?

Lili Business Checking, Relay Business Checking, Novo Business Checking, Found Business Checking, Ramp Business Checking Account, and CITIBUSINESS Streamlined Checking accept all six entity types Bancadia tracks (sole proprietorship, LLC, S-Corp, C-Corp, partnership, and nonprofit) with no restrictions.

As of 2026-08-09 — the earliest verification date among the products in this comparison that have been verified. Markdown version.

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