Business Credit Card
Want a simple, secure way to manage expenses and cash flow? Business credit cards through Park Bank make the task of expense reconciliation more efficient and effective, including monitoring card use and balances and making payments via a secure website.
Online Access - Convenient e-statement access via the Park Bank website allowing you to make payments online in addition to viewing and redeeming reward points.
Individual Billing
- Purchases post to individual accounts and memo post to corporate account
- Authorizations & purchases subtract from the available limit of both the individual & corporate account.
- Each individual account receives a statement & requires a payment
- Once payments are posted to the account the funds become available immediately
Corporate Billing
- Purchases memo post to individual accounts & hard post to corporate account
- Authorizations & purchases subtract from the available of both the individual & corporate accounts
- Corporate statements for simple payments and individual statements for simple reconciliation once the items are posted
Several different reporting options
- Once billing is set up for Corporate Billing you can not switch to Individual Billing without re-issuing all cards.
- If year-end reporting is desired, customer must be set up for Corporate Billing for the entire year.