Cash Management Services from Sterling National Bank help real estate managers function more efficiently and effectively in their dynamic market. As a Sterling customer your dollar power will work harder for you, thanks to our depth of industry experience, sophisticated technology and philosophy of personalized service.

Streamlined and Accelerated Rent Collections

Sterling's Retail Lockbox Services allow you to have residential and commercial tenants direct their payments to a post office box where they are quickly collected, processed and reported to you daily. The latest Optical Character Recognition scan-line reader and imaging technology automatically captures relevant data and gives you the ability to view check fronts, backs and attachments online and to reject any checks that you do not want to accept for deposit. With tenants' permission, we can also arrange to have their rent automatically debited from their account on the due date and transmitted to your account through the Automated Clearing House (ACH). Your benefits include fewer late payments, faster posting of receivables and less risk of manual error.

Simplified Recordkeeping and Compliance

Sterling's Tenant Security Accounts help real estate owners and agents earn higher income while complying with state laws requiring tenant security deposits to be placed in interest-bearing accounts. You receive monthly reports on all balances and interest earned, while we handle the record keeping, year-end 1099 reports and interest payments to tenants.

Convenient Fund Access and Account Management

Sterling Cash Management Internet Banking lets you track and manage all your accounts - tenant security as well as operating - right in your office. Check real-time balances, transfer funds, review the day's transactions, all from your desktop. Security is assured through the most up-to-date technology and administrator functions that determine employees' level of authority.

Corporate Bill Pay lets you pay all your bills electronically. Once you set up a payee in the system you can send one-time or recurring payments on the date you designate. Transactions can be downloaded to your accounting software, and payment history remains available online for quick analysis.

Daily Fax Service - Receive a morning fax with the previous day's closing balance and account activity. Keep track of daily payments coming in so you can reconcile your books in a timely manner.

Saving Time and Money; Reducing Risk

Sterling's Merchant Services can also help reduce risk and prevent losses. By enabling garage attendants to accept credit cards, you reduce the amount of cash handled.

Customized to the Needs of Your Business

Sterling can help you address the unique cash management needs of your company. For example, if you manage multiple buildings, you may benefit from Cash Concentration to consolidate funds from different locations

Other CMS Services

• E-Statements
• Payroll Direct Deposit
• Positive Pay
• Controlled Disbursement
• Zero Balance Checking
• Automated Reconcilement Processing
• EZ-Access 24 Hour Telephone Banking

A Full Range of Financial Solutions

As a full-service bank, Sterling also offers a full line of commercial credit and financing services including mortgage financing, equipment leasing, building improvement financing and standby letters of credit as a means of supporting debt enhancement, issuance of a performance bond and securing lease payments.

Few banks understand the business of real estate management as well as Sterling National Bank. We welcome the opportunity to develop a customized and cost-effective service package for your company.

For more information, contact Anna Roina, Vice President & Certified Treasury Professional (CTP) at 212.575.4539 or email to anna.roina@sterlingnationalbank.com.