[FCF Fund]

It amazes me the amount of misinformation that is being posted. Lockboxes are bad for a merchant with numerous NSF Days?

Really? The purpose of a lockbox is to avoid ACH Requests Rejects, causing another NSF. A reserve for a Lockbox? Where did that information come from, why would you need a reserve? Changing Processors, some funders that are involved in the cc business may impose that condition, but not all.

Since I am heavily involved in the Credit Card Processing World, call me with any questions.

Paysmith requires a reserve. I believe they are run by Citibank and when doing a lockbox with them thats typically why most lenders require 1 to 2 batches before funding, aside from confirming the transition is complete.