ACH

Improve cash flow with ACH Payment and Billing.

Paying claims electronically not only ensures that payments arrive sooner, it also reduces administrative expenses and the inconveniences experienced with mail and paper processing.

You will have the ability to:

• Reduce your losses due to insufficient funds
• Control when the amount is resubmitted
• Eliminate the need to contact your customer
• Shorten the time necessary to recover your money

Recurring Billing

Electronic Funds Transfer (EFT) is the most commonly used method for recurring billing. Newtek's ACH product gives you access to collect directly from your customers' checking or savings accounts.

• Decide with your customers when a transaction should be run
• Eliminate invoices or other paper based documentation
• Provides predictable cash flow
• Transfer funds to and from numerous accounts as easily as from one
• Know whether a payment will return as "insufficient funds" the next day

ACH Programs are commonly used by:

• Utilities Health clubs
• Property management, Cellular & paging businesses
• Consumer storage facilities
• Insurance companies
• Cable TV services