Cash flow is crucial for small and medium-sized businesses, and Thoro Payments’ Same Day ACH solution, Fast Track Funding, is here to help! This service enables business owners to manage critical financial needs such as employee payroll, vendor payments, and marketing expenses with ease.
With Fast Track Funding, your funds are prioritized through a specialized “fast lane” with the Federal Reserve, accelerating the normal funding process. Simply submit your batch before 6:00 AM ET, and you’ll receive your funds on the same day—before midnight. This service is available for batches totaling up to $25,000.
Note: This service is not applicable for customers who already receive same-day funding through certain banking partners, including:
- U.S. Bank
- SunTrust
- City National
- Wells Fargo
- UMB
- First Tennessee Bank
- Union Bank
- Bank of the West
- Regions Bank
- South Financial Carolina First
For customers who bank with third-party institutions and typically wait over a day for funding, Fast Track Funding can significantly reduce wait times, providing same-day access to funds regardless of where you bank. It’s an ideal solution for businesses looking to improve cash flow and access their money faster.
