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It would be wonderful if everybody was honest, but sadly that is not the case of the real world. In the real world, there are certain customers who seek to commit fraud in businesses by purposefully writing checks from accounts that do not have sufficient balances to pay for the products and services they have acquired. Other customers choose to float checks, hoping that the funds will be in their account by the time the check is actually cashed. Regardless of the situation, it is the business owner that must take the hit on their accounts and must use a collection agency to retrieve what is owed.

A check guarantee service can stop this before it even happens. With this service, checks are reviewed and approved at the point-of-sale.  Verification is almost instantaneous, either accepting the check and retrieving the funds or declining the check and giving the buyer the option of using another form of payment. The ultimate benefit, however, is that your business is not stuck with the bad check, and the knowledge that the funds you need will be in the account they should.

Cash flow problems can hurt any business, but that doesn’t mean you should limit the amount of funds you can take. Check guarantee service means that you can accept checks with the knowledge that they have the financial balance of supporting them. Eliminate your chances of receiving bad checks with a check guarantee services.

 

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