# Business Checking Accounts Compared by Entity Type & Nonprofit Eligibility

Which business checking accounts accept sole proprietorships, LLCs, S-Corps, C-Corps, partnerships, and nonprofit organizations — compared side by side across every active business checking account Bancadia tracks.

Page: https://bancadia.com/compare/business-checking/entity-type-eligibility
Verified as of 2026-08-09

## Quick Answer

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).

## Comparison Table

| Product | Institution | Sole Prop | LLC | S-Corp | C-Corp | Partnership | Nonprofit | Application URL |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Lili Business Checking | Lili App Inc. | Yes | Yes | Yes | Yes | Yes | Yes | https://bancadia.com/go/lili/business-checking |
| Relay Business Checking | Relay Financial Technologies Inc. | Yes | Yes | Yes | Yes | Yes | Yes | https://bancadia.com/go/relay/business-checking |
| Novo Business Checking | Novo Platform Inc. | Yes | Yes | Yes | Yes | Yes | Yes | https://bancadia.com/go/novo/business-checking |
| Found Business Checking | Indie Technologies, Inc. dba Found | Yes | Yes | Yes | Yes | Yes | Yes | https://bancadia.com/go/found/online-business-checking |
| Ramp Business Checking Account | Ramp Business Corporation | Yes | Yes | Yes | Yes | Yes | Yes | https://bancadia.com/go/ramp/business-checking |
| CITIBUSINESS Streamlined Checking | Citibank, N.A. | Yes | Yes | Yes | Yes | Yes | Yes | https://bancadia.com/go/citibank/streamlined-checking |
| Grasshopper Small Business Checking | Grasshopper Bancorp, Inc. | Yes | Yes | Yes | Yes | Yes | No | https://bancadia.com/go/grasshopper/small-business-checking |
| Mercury Business Banking | Mercury Technologies, Inc | No | Yes | Yes | Yes | Yes | No | https://bancadia.com/go/mercury/business-banking |
| Highbeam Business Deposit Account | Highbeam, Inc. | Yes | Yes | Yes | Yes | Yes | No | https://bancadia.com/go/highbeam/business-checking |
| Rho Business Checking Account | Under Technologies, Inc. DBA Rho Technologies | No | Yes | Yes | Yes | No | No | https://bancadia.com/go/rho/business-checking |
| Karat Business Checking | Karat Financial Technologies Incorporated | Yes | Yes | Yes | Yes | Yes | No | https://bancadia.com/go/karat/business-checking |
| Bluevine Business Checking | Bluevine Capital Inc. | Yes | Yes | Yes | Yes | Yes | No | https://bancadia.com/go/bluevine/business-checking |
| Chase Business Complete Checking | JPMorgan Chase Bank, National Association | Yes | Yes | Yes | Yes | No | No | https://bancadia.com/go/jpmorgan-chase-bank/business-complete-checking |

## Every Fee, Stated Plainly

### Lili Business Checking — Lili 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 Checking — Relay 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 Checking — Novo 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 Checking — Indie 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 Account — Ramp 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 Checking — Citibank, 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 Checking — Grasshopper 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 Banking — Mercury 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 Account — Highbeam, 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 Account — Under 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 Checking — Karat 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 Checking — Bluevine 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 Checking — JPMorgan 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.