National Billing, LLC was formed in May, 2005 by First National Bank, Hays, Kansas and Mel Waite, Ellinwood, for the purpose of financing and servicing account receivable portfolios for business clients throughout the Midwest. They recognized that business owners needed financial services that could help them with cash flow issues, which are commonplace in businesses that extend credit to their customers. In January, 2013, the majority stock ownership was acquired by Astra Bank as part of the sale of First National Bank assets. National Billing maintains its affiliation with Astra Bank, among other financial institutions, as a source of dependable capital.
National Billing has maintained its location in Ellinwood, Kansas throughout this time, and currently services business clients in 8 midwestern states. Business clients are comprised of retailers, manufacturers, distributors, medical services and professionals, agricultural dealers both equipment and services, repair shops and tradesman such as plumbers, mechanics, electricians and heating/cooling technicians. While many business clients come to National Billing as a means of solving a cash flow need, most have continued because of the level of service and receivable management expertise provided.
Since its inception, National Billing has emphasized dependable and personal service with the highest degree of integrity. A tremendous amount of pride is taken in serving our business clients and helping them succeed. The importance of prompt funding of receivables is constantly emphasized, while maintaining the oversight and portfolio management for each business client. National Billing is staffed by seven accounts receivable professionals.