Receivables that align with your business needs
Accelerate receipt of accounts receivables to enhance your cash flow position through the use of state of the art technology solutions.
Reduce payment processing and convert collections into cash faster with our Lockbox services. Farmers provides an efficient, secure and cost effective Lockbox solution that allows customers to receive, deposit and post payments for low or high volume remittance accounts.
Remote Deposit Capture
Remote Deposit Capture (RDC), allows businesses to make deposits from your office securely, eliminate trips to the bank, improve the deposit process and increase cash flow. Checks are scanned to create a digital deposit, which is then transmitted over an encrypted Internet connection and the deposit is posted to your account.
- Eliminates costs of transporting checks to the bank
- Deposits can be made daily despite the weather
- Funds are available faster
- Speedy notice of returned items
- Deposit preparation is streamlined and accurate
- Ability to centrally monitor deposit activity across multiple locations
- Multiple accounts may be accessed through this service
- Browser-based solution means no software maintenance
- Robust reporting capabilities
- Dual control may be added as an additional layer of security
- Training and support provided locally by Farmers National Bank
Automated Clearing House (ACH)
With ACH, businesses can concentrate payments from your customers thereby saving time and expense in accounts receivable collections.
By partnering with FiNet, we provide the following payment solutions:
- Credit Card Processing: Accept debit/credit cards at your locations to allow your customers ease of payment.
- Virtual Terminal: Accept checks, credit card and debit card transactions over the phone.
- Mobile Payments: Allow your mobile device to collect payments offsite.
- Gift and Loyalty Cards: Reward your loyal customers for their continued patronage.
- Check Guaranty: Process checks without fear of returned payments.
- Special Options: We offer special options for the medical field, non-profit organizations and municipalities.
Business Mobile Banking
With the business mobile banking app from Farmers National Bank, you can manage your business banking accounts anywhere, anytime. Simply download the app and sign in with your Business Online Banking login. Built with business owners like you in mind, the app is secure and easy-to-use.