This system provides your business with maximum convenience and eliminates any need for your employees to leave your business to make deposits. This product is very effective for businesses receiving the majority of their revenues through the mail. There are three levels of service to meet the needs of every size business. These levels are listed in detail below.

Advantages:

• Your staff spends more time in your office working on your business. We estimate it takes 1.5 hours for a business to prepare the deposit, send an employee to the bank, a little snow scraping in winter, waiting in traffic and teller lines and a little socializing along the way. If deposits are made 5 days a week and you pay $9.00 per hour including benefits, that trip to the bank every day is costing you over $3,500 annually!
• If your mail is delivered to your office or a suburban post office, you may easily be losing out on cash flow too. We intercept the mail at the main sorting station in Detroit. On a Friday, that could mean you have your cash working for you 3 days sooner!*
• This is a service which has been used for many years by big companies such as Detroit Edison, Michigan Bell and General Motors. Franklin has modified this system for businesses such as yours.

*Some deposits may be subject to our funds availability policy. See your account agreement for more details.