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What is the difference between split funding, ACH, and Lockbox?

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What is the difference between split funding, ACH, and Lockbox?

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Split funding is the normal cash advance structure where a portion of the deposit is sent to the funding provider. This is only offered for merchants processing with those processors listed below. There is also ACH offered by both funding providers and Lockbox offered by Business Financial Services for merchants that do not qualify for split funding.

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