Most small business owners don’t wake up asking, “How can I earn more interest on my cash?” They wake up thinking about customers, payroll, vendors and the next operational surprise. As a result, many businesses leave meaningful dollars in traditional bank accounts where they earn little to no interest month after month.
But, not every business benefits equally from earning interest on cash.
What these businesses have in common
The businesses that benefit most from a 3.10% APY* business account share one common trait: they carry “idle” cash.
Idle cash is money that sits in a checking account beyond what’s needed for day-to-day expenses. It comes from steady operating balances that accumulate over time, often because owners feel they need a “just-in-case” buffer.
Service-based businesses with predictable cash patterns
Some businesses see the benefits of higher interest more consistently because of how their cash naturally moves.
Service-based businesses are an example. Think professional services (consultants, agencies, accounting firms, legal practices), healthcare practices, IT managed service providers, and home services like HVAC or plumbing.
These firms often maintain cash reserves for payroll, quarterly taxes and unexpected expenses. When cash is consistently present, even a modest yield becomes real money.
Franchises and multi-location operators
Another segment that benefits greatly includes franchise owners and multi-location operators. Many franchisees keep larger balances to manage franchise fees, marketing funds, rent, payroll and periodic equipment expenses. This group would benefit from putting the sizable cash they already have to work.
The bottom line
Any business with idle cash can benefit from earning interest on it. The businesses that benefit most are busy operators with steady balances. Even relatively modest balances can add up over time.
According to the JPMorgan Chase Institute, the median small business holds about $12,100 in cash as an average daily balance. Here’s what earning interest looks like on that idle cash:
| Account Type | Annual Yield | Earnings on $12,100 |
| Typical Checking | ~0.07% APY | ~$8 |
| LiaFi Business Account | 3.10% APY | ~$375
|
That’s $375 a year earned just for moving cash into a LiaFi Business Account, enough to help cover rising costs, fund marketing or purchase new equipment.
If your business carries idle cash, sign up for a LiaFi today to put your cash to work.
*Annual Percentage Yield. Current rate as of 1/15/26. This is a variable rate account and the rate may change after the account is opened. Rates are subject to change at any time. LiaFi is not a bank. Banking services provided by Magnolia Bank. Deposits are FDIC insured through Magnolia Bank, Member FDIC.