We help businesses and individuals make sure they collect the funds due them for any check that's returned due to Non-Sufficient-Funds (NSF). And there's no cost for the service to the entity collecting the moneys due them. (!)
Have you had anyone ever give you a bum check? The check bounces, with the familiar 'NSF' stamped on it. Don't you hate that?
And then you have to pay additional charges yourself if you were counting on the deposit to pay some of your own bills. Ugh.
How many businesses do you think have this problem each day? Tens of thousands of checks are returned due to 'NSF' and businesses spend countless hours chasing down their customers to collect what's due them, instead of running their businesses.
We're here to fix that, for good.
Our company provides a kind of 'check insurance' service to anyone who takes checks. People who never want to deal with collecting another bum NSF check.
And, this check protection service is free to the businesses who use it. Here's how it works.
We charge the person/company issuing the NSF check. And we help that customer save the embarassment as well, by handling it quietly and electronically. Like this:
We convert the paper check into an electronic one, and monitor the account until the money is there. Then, like an electonic transfer, within 24 hours the money due the business is in that company's account. Unlike paper checks, which can only be run through twice, there's no limit on how many times we can try to run an electronic check. As soon as the money is there, we collect it and pass it to the business.
You might say we're a kind of check insurance program for anyone receiving checks from their customers on a regular basis. So that they can let their customers know that checks are OK. No more having to chase down the issuers of the bum NSF checks.
Isn't that a horrid way to spend one's time? Plus it's hard on the business relationships. After all, sometimes it is the bank's fault.
How many businesses and entrepreneurs are there that want to stop chasing bad checks and concentrate on the fun parts of their business instead? After all, who ever went into business so they could spend their time collecting bad checks?
Yuck.
Well here's a way to end chasing bad checks for any business who wants to. And there's no charge to them.
Category: Financial Advice
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