If your business accepts many types of payment, chances are you will run into a bounced check every now and again. When this happens, there are many ways you can remedy the situation; many businesses contract with a check collection agency. This can become problematic, as with every type of business, from education to healthcare, from small-scale to large, there are different check recovery methods. Most standard collection agencies do more than just bounced check recovery, leading to lack of specialization. This lack of specialization means poor service and low success rate.
There is a solution. GlobalCheckRecovery.com is dedicated purely to bounced check recovery. Since we specialize in bounced check recovery, our clients receive benefits that are simply unable to be offered by other agencies. Our recovery rate is much greater than that of other collection agencies. Collection agencies average a disappointing 40-50% success rate. At GlobalCheckRecovery.com, our technology and know-how earns us a 70-80% success rate.
When businesses and organizations use collection agencies for bounced check recovery, they often have to pay a percentage of the recovered funds to the agency. In addition, the collector also receives the recovery fee out of bank charges for bounced check fees. GlobalCheckRecovery.com does not charge clients for our services.
If you run a small business, you may have tried to use a collection agency and failed as a result of your company size. Many collection agencies require a minimum balance in your bank account, and also accept bounced checks that are above a certain amount. At GlobalCheckRecovery.com, we understand that businesses of all sizes can be faced with a bounced check. That is why we do not require bank account minimums or bounced check amount minimums.
Possibly one of the biggest downsides to using a collection agency is the fees associated with using their services. Collection agencies often charge a setup fee and also charge a recurring monthly or yearly fee. Some even charge a rental fee for use of their equipment. GlobalCheckRecovery.com’s services are completely free. No setup fees, no monthly membership fee – nothing!
If you would like more information, feel free to contact us by calling 1-866-524-3339.