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Lock Box Services
lock box services
This service allows you to have your payment of invoices sent directly to the bank for processing and recordation. It is designed for those companies that receive 100 payments or more per month from their clients for processing, however, arrangements can be made to accommodate lesser volumes. Lock box services can eliminate time associated with collecting receivables and preparing bank deposits, in addition to reducing the float time of deposits. This service is ideal for businesses that receive a large number of payment or receivables:
- Loan payments for companies in the lending business
- Property Management Companies
- Association dues for professional associations
- Utility payments
- Donations
- Rent or Management Fees
- Credit Card Payments
- Invoice Payments
- Medical Offices
- Country Clubs
This service can be customized to meet your business needs. Tell us what you need and we will design the service just for you!