When I was starting to take payments in my business for the very first time, I was so excited to get a business bank account. I went down a YouTube rabbit hole and spent hours deciding which company I wanted to go with – which would offer the best bonuses, features, or pricing.
But when I went to apply (for the one I’d carefully chosen), within a few minutes I was met with a vague rejection email. Womp Womp. I had experienced some nasty comments online about my kinky biz and I was so confused at first why a bank wouldn’t want my money for my totally legal, legit operation. This was my first time being rejected by another business – and I cried.
Like, ugly cried.
Turns out banks can be super, super prudey! I also learned through this experience that this is why many other businesses are “prudey” too – because they have to be in order to process transactions through their bank of choice.
While this was very eye-opening (and a bit disheartening), the fact remained. I still needed a business bank account!
That’s when I took to the depths of the internet (reddit, lol) and had a lightbulb moment… “I bet the OnlyFans creators will know”. And sure enough, they did! Within a few minutes of scrolling r/onlyfansadvice I saw a recommendation for Found Banking, was floored by the lack of fees/minimums (I had applied for a bank that DID have both fees and minimums), and signed right up.
And honestly – you should too! Even if your biz isn’t spicey, it’s a great app and service that is super simple to use with a ton of handy features like tax estimations (and automatic saving), invoicing, and contractor payments.
