Wholesale Lockbox
First Market Bank offers a simple and efficient way to assist your company with collecting receivables. We will pick up your remittance mail at the post office and process it for you, thereby reducing mail, processing and check clearing times and converting incoming payments into usable funds as quickly as possible.
Your company will enjoy many benefits from First Market Bank’s wholesale lockbox service, including:
- Accelerating the availability of funds by reducing mail float,
- Maximizing investment opportunity and minimizing borrowing expense,
- Minimizing receivable processing costs by reducing clerical duties involved in receiving, preparing and delivering deposits to the bank
- Eliminating processing delays during peak periods,
- Increasing security of receipts.
- Call us today at 804-327-5758 to learn more. It's your business. Build it at First Market Bank.