First American is proud to offer Next Day Funding to our merchant customers. With this service, part of the value-added solution set we have provided for more than 25 years, merchants receive expedited deposit of funds next day into their accounts, helping business owners improve cash flow.
Cash flow is one of the most frequently cited concerns on the minds of business owners, and for good reason. Fixed operating expenses demand a healthy, predictable cash flow – making it a critical business operations requirement.
Keep your accounting records organized and updated with sales being reconciled to the settlement stage in 24 hours or less.
Next Day Funding empowers merchants with rapid insight into any outlier transactions, so they can identify potential settlement issues quickly.
The service is subject to specific batch cutoff times, established late in the evening to capture as many of the day’s transactions as possible; it is available for merchants utilizing various front-end platforms.