Lockbox Types: Wholesale vs. Retail Lockbox

Lockbox Types: Wholesale vs. Retail Lockbox

For those of you who read my articles, you’ll note that I spend a lot of type talking about lockboxes in general, without regard for the various lockbox types most often encountered.  And so for this article, I wanted to speak about the differences between a wholesale...
Cash flow maximization with a lockbox

Cash flow maximization with a lockbox

Businesses use a lockbox provider to speed up the collection of mail-based payments from its customers, thus improving cash flow. In addition to electronically depositing those payments, a lockbox provider can also attribute those transactions to specific customer...