Simple has several significant limitations, namely, the need to mail checks over a certain threshold (I think $5k) and I don't know whether they do credit origination, either.
End of the day, I went with good-old-brick'n'mortar Wells Fargo because (1) I wanted to establish a long-term customer relationship with a bank that can provide me with various credit products (including for business) (2) their ATM network is ubiquitous where I live (SF) and (3) there are many branches with convenient hours for when I want to do something a little off the beaten path.
I don't give a rat's about how quickly a $10 payment is available. I care a lot more about good fraud controls, and the ability to speak to a human being, in person, when things occasionally go wrong.
End of the day, I went with good-old-brick'n'mortar Wells Fargo because (1) I wanted to establish a long-term customer relationship with a bank that can provide me with various credit products (including for business) (2) their ATM network is ubiquitous where I live (SF) and (3) there are many branches with convenient hours for when I want to do something a little off the beaten path.
I don't give a rat's about how quickly a $10 payment is available. I care a lot more about good fraud controls, and the ability to speak to a human being, in person, when things occasionally go wrong.