By selecting Fleet as your cash management partner you will have access to Fleet s wholesale lockbox locations nationwide. The most important objectives in structuring a cash collection system are minimizing collection float and obtaining accurate and timely information on payments received. Fleet s lockbox locations are positioned to optimize mail and availability float as well as offering you the convenience of depositing to just one account from multiple sites if you choose. Fleet is able to offer you excellent mail times coupled with quality processing and nationally competitive availability. Our national sites are designed to provide you with customized processing in a boutique environment.
Information is the cornerstone of any business and it needs to be accurate and timely.
Fleet is able to provide you with a variety of options to meet your needs. Amongst the strongest reasons to select Fleet as your cash management partner is our ability to apply ledger balances from today s receipts to your Fleet Capital credit facility to minimize loan outstandings, by means of a simple book transfer, thereby eliminating costly wire transfers.