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When you submit a batch at the end of the day with the day’s transactions, though you know the money will eventually be deposited into your account, it will not arrive for a few days. This delay could be holding you back from investing in your business or having full control over your cash flow planning. We understand that your time is valuable and managing your cash flow can be time-consuming. Our funding options give you peace-of-mind that your funds will be available when you need them.
Speed up your cash flow by choosing Fast Track Funding. Through this solution, Elavon will fund you within one business day of your batch submission. We put your funds into a specialized fast lane that speeds up the normal funding process. With Fast Track Funding, you can submit a batch each day before 6 a.m. ET with transactions totaling up to $100,000. This means that you can submit your batch late Monday night after your business closes, and your funds will be deposited into your account by 5 p.m. local time on Tuesday. No guessing the exact hour of arrival or wondering if the funds will arrive before a withdrawal hits your account. Elavon takes care of the timing so you can focus on running your business.
Some businesses can wait until the next business day, while others need their cash guaranteed within hours of batching. True Daily Funding gets you your funds on your schedule. Powered by Real-Time Payments (RTP) network, True Daily Funding enables your business to be funded quickly, with minimal waiting or delay. You get funded within hours of a batch submission, seven days a week, including holidays and weekends.
If your business is in another time zone, operates late at night, or doesn’t batch until late night, you could be experiencing unnecessary delays in funding. With Fast Track Funding you can receive your funds by 5 p.m. local time each business day, as long as you submit your batch before 6 a.m. ET, and your batch totals $1,000,000 or less. No matter what time you batch, you’ll receive your funds within one business day.
We have solutions that take the guesswork out of funding times so you can make the decisions that are vital to your business.