FAQs

LiaFi Business Account is a financial product that allows you to earn 2.50% APY* on your deposits. It is designed to help you grow your cash reserves and provide more financial freedom for your business.

By opening a LiaFi Business Account and depositing your funds, you can start earning 2.50% APY* on your balance. This extra income can be used to upgrade equipment, expand services, show appreciation to your team, or even take a well-deserved vacation.

You can reach out to LiaFi through the contact us page on our website. Email us and a representative will connect with you to answer any questions you may have.

When signing up, you’ll need the following documents:

Registration Document: Articles of Incorporation, Articles of Organization, Partnership Agreement or Assumed Name Certificate to certify your business is legally registered.

EIN Letter (Employer Identification Number): Issued by the IRS, this letter provides your business’s unique tax identification number.

Driver’s License (may be needed): A government-issued photo ID to verify the identity of the business owner or authorized representative.

Make sure to have these documents ready to ensure a smooth sign up process.

Your funds are always available for use when you need them. With LiaFi it’s easy to “Get Your Money Back,” allowing  you to easily access and use your deposited funds.

Tor Score, LiaFi’s advanced cash flow tool, helps track and assess your business finances. At LiaFi, we believe in steady and reliable financial growth, with cash flow as a key component. For small business owners, maintaining healthy cash flow ensures you can meet obligations, invest in opportunities, and navigate financial challenges. To get started, connect your business bank accounts. The more accounts you connect, the more accurate your Tor Score will be. Learn more here.

No, LiaFi is not a bank. It is a financial technology company that offers banking services and solutions. Your funds deposited with LiaFi are FDIC-insured through Magnolia Bank, ensuring the safety of your money.

No, there are no hidden fees or minimum balance requirements with LiaFi. We are committed to transparency, allowing you to manage your finances with confidence. However, we require a minimum opening deposit of $100 when opening your LiaFi account. This initial deposit is fully yours and is not a fee; it’s simply a starting balance to activate your account and give you immediate access to our financial services.

LiaFi, being a financial technology company, can offer great rates with more flexibility than traditional banks. We do not have physical branches to maintain. That allows us to provide services faster and with lower costs, which benefits our customers.

Yes, your deposits with LiaFi are FDIC-insured through Magnolia Bank, providing you with peace of mind and ensuring the safety of your funds.

To start earning interest on your cash reserves, follow these simple steps: 1) Create an account by filling out the form, 2) Connect your bank and verify your credentials, 3) Transfer your funds and start earning interest in as little as 30 days.

LiaFi’s mission is to empower business owners and provide opportunities for new businesses to thrive. We offer financial tools to accelerate growth and improve cash flow for our customers.