Property Managers: How to Get Better Returns on Your Reserves

Apartment Buildings – Property Management

Keeping a hefty reserve of cash can sometimes be the difference between bankruptcy and a thriving property management business. But what is the opportunity cost of those idle funds?

If you are managing your cash properly, you should be getting a great return on that reserve cash. If not, you may be leaving money on the table.

Liquidity and Safety

For your properties’ cash reserves to be effective, they must be protected, and they must be available when you need them. The need for liquidity rules out most investments, and many property managers sacrifice safety for the ease of maintaining a single banking relationship.

The FDIC limits the amount of insurance that it extends to individuals and businesses to $250,000 per depository institution. That amount may be enough for your business, or it may be well short. So, keeping your cash reserves in a money market account could be costing you money and opening your business up to unnecessary risk.

Fintech has created new opportunities for your cash reserves.

The advent of financial technology – fintech for short – has paved the way for innovation in the financial sector. The American Deposit Management Co., or ADM, has leveraged fintech and developed a proprietary network of banks that can provide liquidity and FDIC protection for up to $100 million of your cash reserves. This means no more worrying about the $250,000 limit on FDIC coverage at your bank.

Our process is simple. You complete a 10-minute application and make a single deposit. Then our fintech provides you with the most competitive return available. When you need your cash, it’s available the next business day.

Keep your bank and get the most competitive returns.

Having a relationship with your local bank is invaluable. And you don’t have to sacrifice that relationship to get great returns. This may sound too good to be true. However, that’s exactly how an ADM Marketplace Banking™ account works.

When you make a same-day deposit into your Marketplace Banking™ account, our insured network of depository institutions will compete for your money. We often see results in earnings of 7 times the national average money market account. That is one reason why we have over $3 billion in funds managed and distributed.

Comprehensive Cash Management Services

At ADM, the benefits don’t stop with safety, liquidity and returns. We also provide several other valuable services that can save your organization overhead costs while reducing its exposure to risk.

In addition, ADM’s escrow accounts keep your money working for you while it is safely locked away. In addition, ADM can provide your company with Vendor Payment Processing, Merchant Services, and other services that can reduce your risk and streamline your cash management processes.

Earn more, risk less® with ADM Marketplace Banking™ for Property Managers

If you’re not getting the most competitive returns on your properties’ cash reserves, download our FAQ sheet or contact us today. At ADM, our team is our secret sauce, and we will work hard to make sure your organization is maximizing the value of its cash reserves.

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