Swyft Filings vs File.Business: business banking
Choosing between Swyft Filings and File.Business for business banking? Here's the honest comparison. Swyft Filings typically charges $49 for entry-level service plus higher renewal fees. File.Business charges $0 service fee and uses transparent pass-through state fees.
Business Banking comparison at a glance
| Item | Swyft Filings | File.Business |
|---|---|---|
| Entry-level price | $49 | $0 |
| Business Banking service fee | $49+ | $0 |
| RA renewal fee (year 2+) | $149/yr | $99/yr |
| Penalty-free guarantee | No | Yes |
| Compliance calendar | Partial / add-on | Included with Pro |
| SOC 2 certified | Varies | Yes (Type II) |
| Founded | 2012 | 2017 |
Where Swyft Filings wins
Low entry price.
Where File.Business wins
- Lower total cost. Heavy upselling, limited features adds up over years.
- Modern platform. Mobile app, public API, document vault, integrations built in.
- Penalty-free guarantee. If we miss a state deadline, we cover the late fee.
- Business Banking included on Pro. We do not bill business banking separately.
- $0 service fee always. The state fee is your only formation cost.
3-year total cost (sample comparison)
For a single-state LLC over 3 years (formation + 2 RA renewals + annual reports):
- Swyft Filings: $447 (entry-level + 2 RA renewals + state fees)
- File.Business: $298 (RA free year 1, $99/yr after + state fees)
- You save: $149 over 3 years
Migration playbook: switch from Swyft Filings to File.Business
We make the switch easy. Steps:
- Sign up for File.Business and choose your service plan.
- We file a change of registered agent with your state (free in year 1).
- We pull your filings from Swyft Filings and add them to your document vault.
- Your compliance calendar starts tracking deadlines automatically.
- Cancel your Swyft Filings subscription with the cost savings.
FAQ: Swyft Filings vs File.Business for business banking
Is File.Business cheaper than Swyft Filings for business banking?
Yes. Swyft Filings typically charges $49 for entry-level service plus higher renewal fees. We charge $0 service fee and $99/year RA after year 1.
Can I switch from Swyft Filings to File.Business mid-year?
Yes. We file a change of registered agent for your entity and import your existing records. No interruption to your business.
Does Swyft Filings have anything File.Business does not?
Low entry price. We address these gaps through our partner network.
What is the catch with $0 formation at File.Business?
No catch. We make money on optional add-ons (banking referral fees, partner attorney referrals, premium tiers) which you do not need to use to get value.
On the $129/yr Compliance Annual Filings plan, we cover state late fees.
When you autofile your annual report through the $129/yr plan and we miss the deadline, we pay the state's late fee. The guarantee applies to that specific plan and the filings it includes. Other File.Business services are billed at the prices on this page.