Business Manager
Accounts Receivable Financing (Business Manager)
Get next day cash for accounts receivable invoices
How does Business Manager Work?
We purchase your accounts receivable at a discount, and then deposit most of these funds directly into your operating account. A cash reserve account will also be established as a percentage of your invoices that are outstanding. Each month, the bank reviews the status of invoice payments, and then releases a portion of those funds to your operating account.
Why Use Business Manager?
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Improve the amount and predictability of your cash flow...and reduce stress from “slow paying” customers
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Take advantage of supplier discounts
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Provide more competitive credit terms to your customers
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Leverage your cash and reduce your balance sheet debt
Who should use Business Manager?
Business to business companies such as:
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Contact a Business Banker at 320-257-1600 to learn how Business Manager
may benefit your growing business
