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For NIL athletes

NIL income, organized from the first deal.

Form an LLC, get paid by brands and collectives, and keep a tax reserve apart from spending cash. Rho files your LLC for $349, state fee included.

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Rho serves registered businesses, not individuals. Don't have an LLC yet? Rho can file one for you.

What an athlete needs to get paid and stay organized.

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Get paid by brands and collectives

Receive ACH, wire, and check payments. $0 Rho fees on domestic ACH, domestic wires, and checks.

Form your LLC with Rho

Rho files your LLC in all 50 states for $349, state fee included, with a first-year registered agent. Apply for checking in the same flow.

Invoice every deal

Send invoices to brands and track what has been paid.

Set money aside for taxes

Add checking sub-accounts to keep a tax reserve apart from operating cash.

Cards for training, travel, and content

Issue cards and manage expenses. Up to 2% cashback¹ with Rho Platinum (terms apply). Subject to approval.

Pay agents, trainers, and photographers

Pay bills by ACH, wire, check, or single-use card.

Connect Rho to your accounting software

Connect Rho to QuickBooks Online, NetSuite, and Sage Intacct.

Save for the gaps between deals

Move cash you won't need soon into the Rho Business Savings Account, with FDIC insurance up to $75M per entity through American Deposit Management Co. and its partner banks.

How it works

Entity first, account second, payments third.

Set up the LLC before your first payment so deals, income, and expenses run through one business account.

  • Form your LLC with Rho
  • Apply for Rho checking in the same flow
  • Add a sub-account for taxes
  • Point brands and collectives at your account
  • Run expenses through the LLC and sync your books
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Keep what you earn, not the fees.

No per-seat fees or subscription costs.

Domestic ACH, domestic wires, and checks
Subscription fees
Checking account minimum fees
Bill Pay and Invoicing software fees (card payments on invoices carry a 2.9% + $0.30 fee)
Per-user fees
Domestic wire recall fee

Help from real people, 24/7.

New to business banking? Apply online and reach a real person by phone, email, or chat, any time.

Build the business behind your name.

Apply online today. No subscription or per-user fees.