Lockbox Processing

Lockbox Processing is a cash flow improvement process in which your customers' payments are delivered to a post office box instead of to your business address. This post office box will only receive your customers' payments. Heritage Bank will collect any mail from the box and process the payments directly into your business checking account. The contents of your lockbox will be processed once a day or more often if necessary.

A better way to manage your incoming payments:

• Speed up collection of receivables
• Put your money to work as soon as it's received
• Timelier accounts receivable information
• Customized remittance processing
• More efficient use of your office staff

Lockbox processing is a secure and efficient way to optimize cash flow for your business. This service will allow you to accumulate, combine and manage customer payments promptly, while minimizing the use of your business resources for information processing.

Give us a call or stop by for complete information. We're committed to helping you find the best solutions for your financial needs.