Business Manager

We'll help you stop banking your customers - and get back to growing your business.

What is Business Manager?
Business Manager is a complete system that allows you to get cash for your receivables on a daily basis by selling them to the bank at a discount. The bank sends statements on your behalf, even offering payment terms to your customers. And the bank provides you with detailed management reports outlining critical information about your business and receivables.

Business Manager effectively puts your business on an all-cash basis, enabling you to take advantage of suppliers' early payment discounts, increase sales, redirect staff time and even offer convenient payment terms to your customers. You save the time and money traditionally spent on receivables management...and get to focus on building your business.

How Does Business Manager Work?
As your business sells products or services to customers, you submit one or more batches of transactions 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 within 24 hours, for your business to use to make payroll, buy equipment, and facilitate future growth.

How Can Business Manager Benefit Your Business?
Business Manager allows your business to...

- Improve cash flow.
You receive cash for all existing and ongoing receivables. The Business Manager program essentially puts you on an all-cash basis with your customers, enabling you to:

• Pursue new business opportunities
• Take early payment discounts from suppliers
• Make payroll
• Remit payables in a timely manner
• Take advantage of quantity buying discounts
• Reduce lines of credit

- Save time and money
You can stop spending time managing debt, and start concentrating on increasing sales and growing your business. Since Business Manager can be completely electronic, you avoid having to make a trip to the bank.

- Improve management
Business Manager gives you detailed reports that can dramatically improve the management and tracking of accounts receivable.

- Improve collections
You can choose to use the bank's presence on statements, which often improves collections. In addition, you can purchase accounts receivable insurance to protect your business against bad debt.

- Offer financing to customers
Business Manager allows your business to offer flexible financing or terms to your customers. In addition, you have the ability to set - and monitor - customer credit limits.

To speak with a Business Manager representative, contact Randall Voeller at 320-587-2233.