Lili - Small Business Finances 24.6.3

Lili is a comprehensive business finance platform designed to streamline financial management for small businesses. It offers a range of features such as business banking, smart bookkeeping, invoicing tools, and tax preparation resources to help you stay on top of your business finances.

BUSINESS BANKING

• Access to a Business Checking Account with no minimum balance or deposit requirements
• Visa® Business debit card for convenient transactions
• Easy Mobile Check Deposit feature
• Fee-free ATM withdrawals at 38,000 locations
• Cash Deposit available at 90,000 participating retailers
• Option to receive payments up to 2 days early
• No hidden fees
• Automatic Savings feature
• Cash Back Rewards program
• Fee-free Overdraft up to $200
• Savings Account with a competitive APY of 4.15%

ACCOUNTING SOFTWARE

• Simplify expense management with tools and reports
• Gain valuable insights into income and expenses
• Easily attach receipts to expenses through your phone
• Achieve on-demand reporting including profit & loss and cash flow statements

TAX PREPARATION

• Automated labeling of transactions into tax categories for effortless tracking
• Convenient write-off tracker to maximize deductions
• Automated tax savings to streamline the process
• Pre-filled business tax forms, including Forms 1065, 1120, and Schedule C

INVOICING SOFTWARE

• Create and customize professional invoices
• Accept payments through various methods
• Efficiently track unpaid invoices and send payment reminders

SUPPORT FOR YOUR BUSINESS

• Access to Lili Academy, offering videos and guides on running a small business
• Free tools, downloadable resources, and long-form guides on relevant subjects
• Exclusive discounts on tools from trusted partners
• Curated newsletters and business-related content to stay informed

ACCOUNT SECURITY YOU CAN RELY ON

All Lili accounts are insured up to $250,000 through our partner bank Choice Financial Group, Member FDIC. Lili business accounts and debit cards are protected by industry-leading encryption software and security protocols. This includes robust fraud monitoring and multi-factor authentication. You can also receive real-time transaction alerts and easily freeze your card if necessary.

LEGAL DISCLOSURES

Lili is a financial technology company, not a bank. Banking services are provided by Choice Financial Group, Member FDIC. The Visa® Business debit card is issued by Choice Financial Group, Member FDIC. Certain features and benefits mentioned are available to specific account holders only, with applicable monthly account fees. The Annual Percentage Yield (“APY”) for the Lili Savings Account is variable and may change at any time. The disclosed APY is effective as of September 1, 2023.