Equity distributions are made on the last business day of each month. Net proceeds, less reserve, are directly deposited into our client's accounts on that day through an electronic ACH transfer. Monthly statements are also e-mailed on the last business day of the month. Should there have been any invoices paid during the reporting period, the original invoices are sent via postal mail at the end of the month. Download ACH authorization form.
We do not make equity distributions "for" specific items, but distribute all net proceeds from the month less any required reserve.
In an effort to provide as much detail reporting as possible for our clients, we allocate income to proper accounts for the charges paid.