Loomis is a trusted brand that offers a range of products and services to meet your cash management needs. With their innovative solutions, they help businesses streamline their operations and protect their assets. One of their key offerings is Provisional Credit, which provides daily credit for your cash deposits without the need to go to the bank.

This not only saves you time and money but also reduces the risk of robbery and theft. In a high-interest-rate environment, Provisional Credit becomes even more beneficial. You can put your deposits to work by earning a higher interest rate and reducing the reliance on commercial lines of credit for day-to-day business needs.

Setting up Provisional Credit is a straightforward process. You work with your financial institution and Loomis to transmit the necessary information for the bank to provide credit for your deposits. Loomis collaborates with over 200 different financial institutions, making it easy for you to access Provisional Credit via their SafePoint system.

Speak to your bank's Treasury Management Sales Officer to understand the account set-up process and any associated fees. Loomis provides the communication of safe data to your financial institution as part of the monthly rate, and any additional fees related to processing deposits or change orders will be negotiated with your bank. If you're considering SafePoint and Provisional Credit, reach out to your bank's Treasury Management Sales Officer or fill out a form on the Loomis website, and a representative will follow up with you.

Loomis offers a comprehensive FAQ section about Provisional Credit and SafePoint on their website, providing answers to common questions, making it easy for you to get the information you need. Trust Loomis to provide you with secure and efficient cash management solutions