We’re honored to receive yet another 5-star rating from BauerFinancial for the 45th consecutive quarter! Here is BauerFinancial’s release about the award.
3 ways to prevent check fraud with Positive Pay
While fraud is often associated with stolen identities, credit card numbers, and passwords, one of the most common forms is actually check fraud. According to the American Bankers Association, check fraud makes up almost half of all fraud. The FTC says reports of fake checks have grown 65% from 2015-2020.
The good news is there is a solution for businesses: Positive Pay. Now available for all Gateway Bank Cash Management customers, this automated check matching service helps minimize losses due to fraudulent checks.
Business loan documentation checklist
This checklist includes all of the documentation you will need to provide with your loan application so we can verify your financial information. We understand this is a lot to gather. Please take your time, and only submit your package once you have all documents. The faster you provide all documentation, the faster we can move forward.
Once we receive your complete package, we will provide an indication of the interest rate you can expect to receive. Your package will be submitted to the Loan Committee for review within 1-10 days.