Cash flow
Predictable streams of cash coming in and going out mean everything to a business. Webster’s proprietary Cash Flow Pro® can help you optimize cash flow to maximize revenue and decrease expenses.
Develop secure processes with Cash Flow Pro
Wire transfers
- Transfers in USD and foreign currencies to domestic and international banks
- Initiate transactions by phone or by Webster Web-Link®
- Schedule same-day, future-dated and/or recurring wires
- Unique user ID for security
Fraud services
Deploy sophisticated security with Positive Pay
- Available via Webster Web-Link®
- Check Positive Pay
- Payee Name Positive Pay
- Teller Positive Pay
- ACH Positive Pay and Debit Block
- Dual Control
Webster Deposit-Link®
Deposit checks from work or your mobile device
- Available via Webster Web-Link®
- Save trips to the bank
- Same-day processing
- See check images via Web-Link
- Automated A/R posting with online transaction tracking
Automated Clearing House (ACH)
- Collect funds electronically from customers
- Make one-time and recurring payments to vendors
- Originate payroll and other compensation payments to your employees or contractors
- Fulfill state and federal obligations
A/R is not the same as cash
When Medicaid remittance policies changed, Newport Mental Health Center faced a huge problem. They had to sustain their operations, including payroll, but wait months for payment. Webster Bank stepped up with a line of credit solution to bridge the gap until revenue was realized. Does this scenario apply to your firm? Learn how important it is to effectively manage cash flow.
Optimize your operations
Disclosures
¹Based on total 7(a) dollar volume.
All Business loans and lines of credit, credit products, pricing and overdraft protection are subject to the normal credit approval process. Some applications may require further consideration and/or supplemental information. Certain terms and conditions may apply. SBA guaranteed products may also be subject to additional terms, conditions and fees.