RealTime IT News

OneCore.com Launches Business Banking Alternative

OneCore.com, a new financial service company for small and mid-sized businesses, launched OneCore Credit Services, offering site members the ability to transfer funds from a credit line directly into their core operating account from any Web browser.

In conjunction with Advanta Bank Corp., a business-to-business credit card company, OneCore.com will offer business credit cards that carry credit lines of up to $100,000 with an interest rate as low as 9.9% on cash advances, balance transfers and purchases.

OneCore.com said it acts like an EFO (Electronic Financial Officer), or a complement to existing CFOs, helping companies manage financial tasks more efficiently.

Through a single online account, OneCore.com members can access a suite of services to handle cash management, bill payment, payroll, 401(k) plan needs and credit services and more, while earning money market returns on operating balances. OneCore.com integrates with all the major business accounting software packages.

"Both our companies strive to provide exceptional financial services to businesses and this integrated offering will set a new standard for innovation in the business credit card marketplace," said Dave Tomlinson, chief marketing officer of Advanta.