Auburn State Bank now offers a program that can put your business on a cash basis with your customers - even when you extend credit to them.

Unlike a traditional line of credit secured by receivables, Business Manager converts your accounts receivable into liquid cash -- not only for all existing receivables, but also for your daily credit transactions on an ongoing basis - deposited directly into your bank account the next day. This can give your company the opportunity to:

• Bridge the gap between payables due to suppliers today and receivables that your customers won't remit for 30 days or more.
• Reinvest in your business by increasing inventory to support additional sales volume.
• Take advantage of prompt payment discounts offered by your suppliers.
• Offer flexible customer payment terms, resulting in increased sales.
• Support your company's growth, increasing profits.
• Pay off existing debt.
• While every Business Manager client enjoys more predictable cash flow, many also experience improved credit collections as a result of the bank's presence in their accounts receivable management process.
• With our accounts receivable insurance, you're protected against losses resulting from slow payment or customer insolvency.
• With accounts receivable clerical work handled at the bank, businesses are free to do what they do best - grow their companies.