Receivable Processing
Wholesale Lockbox
Improve Your Cash Flow - Quickly
Wholesale Lockbox Gets Your Funds To You Faster
Businesses receiving low-volume, high-dollar payments can greatly benefit
from deposits that are expedited.
Wholesale lockbox can improve cash flow through greater speed in the collection
of checks, and a reduction of mail time and check processing float, increasing
your profitability.
Wholesale lockbox can also reduce your overhead. Your personnel will no longer
have to deal with receiving, endorsing and depositing remittances. You only
deal with exception items - not every item.
The Hassle-Free Way To Collect Your Receipts
Just request that your customers send payments to your designated post office
box number. Then, we'll collect the incoming receipts early every morning,
seven days a week. We'll then verify the checks, endorse them and submit them
for deposit to your account all on the same day.
Each business day, you'll receive detailed information regarding your lockbox
deposit including laser images of checks and a duplicate deposit slip containing
a listing of deposited checks.
Find The Ease Of Collections Through Wholesale Lockbox
Through First National Bank's advanced technology and the professional staff
that supports it, we'll make collections easy for your business. See how Wholesale
Lockbox can help you today. Contact
Us.
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