A Compensatory Balance is funds that a borrower must keep on deposit as required by a bank.
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Ramp Business Corporation
28 West 23rd Street, Floor 2
New York, NY 10010 USA
28 West 23rd Street, Floor 2
New York, NY 10010 USA
Join the 25,000+ businesses simplifying their finances with Ramp
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© 2024 Ramp Business Corporation. “Ramp” and the Ramp logo are registered trademarks of the company.
The Ramp Visa Commercial Card and the Ramp Visa Corporate Card are issued by Sutton Bank and Celtic Bank (Members FDIC), respectively.
1. We calculate average savings as a percentage of an illustrative customer's total card spending when using Ramp features designed to reduce business expenses. Keep in mind that this percentage is an estimate, not a guarantee. Ramp delivers savings from more than just card spending; savings can also come from non-card expenses so we may factor decreases to non-card spending into our calculation. For example, savings may result from reduced time spent on manual expense tracking, the financial benefit of cash back or other rewards, smarter expense monitoring, and eliminating costs associated with alternative solutions. Our calculations are based on platform data, industry research, customer surveys, and info on alternative options. Your actual savings may vary.
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Ramp Payments Corporation - NMLS 2371465, Ramp Financing Corporation - NMLS 2431387
