Perhaps no business problem is so well known to small business owners as cash flow. BankFirst offers an answer to the small business cash flow problem—the Business Manager program.
Maintain reliable cash flow
Pursue new business opportunities
Improve payment habits to suppliers
Take advantage of early pay discounts
Pay off existing debt
Hire additional staff
Begin saving for retirement
How Does Business Manager Work
As your business sells products or services to customers, you submit one or more batches of invoices to the bank. The bank purchases the receivables on a discounted basis. A portion of the money you get for your receivables is put into an interest-earning savings account. The rest of the funds are placed in your business’s checking account, giving you liquidity to run and grow your business more efficiently.
If your business has multiple locations, makes deposits after normal banking hours, pays transportation costs to deliver deposits or receives checks with large dollar amounts, then BankFirst Remote Deposit may benefit your company. It is like having a 24-hour teller right in your office.
Make your funds available faster.
Make deposits anytime.
Cut costly courier fees or trips to the financial institution.
Save time preparing deposits.
Reduce risk of check fraud
Consolidate funds from remote locations into one financial institution
100 North 13th Street
Norfolk, NE 68701