OneWest Bank has launched a new small business mobile app to help small businesses achieve their financial goals.

Using the app, small businesses can digitally pay bills, deposit checks, transfer funds, schedule appointments, and locate the nearest branch.

Customers can also apply for funding to aid their equipment financing and working capital needs through the new app, the bank said.

OneWest Bank retail banking head Heather Ellison said: “Small business owners are often on-the-go and are increasingly reliant on digital banking tools to keep up with their busy schedules.

“Our new app is an accessible and convenient solution for local entrepreneurs looking to manage their money digitally, from anywhere at any time.

“With this seamless banking experience, we’re reinforcing our commitment to helping businesses thrive across the communities where we live and work.”

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The bank delivers a suite of products and account features such as OneBusiness Interest Checking and Money Market Savings accounts.

Founded 84 years ago and acquired by CIT Group for $3.4bn in 2015, OneWest bank has 60 retail branches from San Diego to Ventura County in Southern California.

CIT Group is a financial holding company with about $50bn in assets as of 30 June 2018.