Bank Gets You Online
Resources for entrepreneurs.
National -- Typically, when a small business sets up an online
retail location, it's a multi-step process that involves
contacting a bank, an Internet service provider and various other
professionals needed to get the site up and running.
Now small-business owners can go to one source to create and
launch a site as well as establish a bank connection. Boston-based
Fleet Bank offers an online program for North American companies
that sell hard goods (retail products such as CDs, books and
cigars) and are at least 1 year old.
You don't need to currently have merchant status, nor do you
need to go into the bank to establish the site; everything is
handled online. The program also includes a template that helps you
create your Web site. (The service is available whether or not you
are a Fleet Bank customer.)
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The cost for the basic e-commerce package is $995 to get the
site up and establish credit card acceptance; the advanced version,
which allows you to post more detailed information about your
product, costs $1,495. There is also a monthly maintenance and
reporting fee of $99 to $249, depending on your product volume.
To obtain more information on the program, contact Fleet Bank at
(800) CALL-FLEET or visit http://www.fleet.com
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