The Opportunity To provide a free NSF Check Recovery service to businesses anywhere in America. Think about it. How many business do you know of that don't accept checks? And when those checks bounce, somebody has to collect them.
What you need to get started This can be a part time or full time opportunity that can be run from within your home or from your office. You will need a computer and basic computer skills. You will also need a printer, fax machine, Internet access and the normal office supplies. How is it done? What used to be a begrudging job has been replaced with Check Assist's 'state of the art' software and the help of the ACH. (Automated Clearing House) There is no contact with the checkwriter and no collection calls to make. Simply enter the NSF checks into the software and transmit them to the processing center.
The Procedure Your clients will fill out a bank release form directing the bank to forward any returned checks to your P.O. Box. When the checks arrive, you enter them into your software. The check information is then transmitted through the Internet to our processing center where the checks are converted into electronic checks and forwarded to the ACH. The face amount of the check and a State authorized collection fee is then electronically debited from the checkwriters account. Typically, 50% of the checks will clear the first time they are sent. The ones that fail are then sent back a 2nd time, where you should see another 50% recovery. The face value of the collected checks is then reimbursed back to the merchant and the collection fee is yours to keep.
Now lets do some math: How much money can you make at this? Well, consider that the average State Authorized collection fee is $25.00 - $30.00. Collect 10 checks and you will make $250.00, collect 100 checks, and make $2,500.00. The average convenience store gets between 6-12 returned checks each month. If you sign up 10 stores that are getting 9 NSF items each month, and you collect 75% of the checks, you will make $20,250.00 per year. Now consider that our average user has hundreds of clients and you can see the potential.
Will merchants sign up with me? You bet they will. Remember, this is a Free service that you are offering and they'll love it. Need proof? Take the rest of the afternoon and do a survey. Talk to a few pizza restaurants, convenience stores or nail salons, and see if they would be interested in your service.
How is Check Assist 's opportunity different then the other? With Check Assist, you will be building your own business, not somebody else's. The other companies' offer you commissions, we offer you ownership. With the other companies you earn $8.00 - $10.00 per collected check, with Check Assist you earn $25.00 - $30.00 per collected check. You pay a .30 transaction fee on each item that you process through the ACH and the rest of the money is yours to keep. What does Check Assist provide? You'll have to provide your own initiative but we'll provide just about everything else.
Merchant sign up forms, bank release forms, etc.
The very best electronic check recovery software available.
MagTek check imager to speed up check entry and capture check images.
Training on the operation of your new business and the industry in general.
NACHA rules book to keep you abreast of the rules governing your new business.
We provide total support at all times.
As businesses seldom grow without salespeople, we will provide you with sales tracking software so that you can track sales commissions.
Complete the Information Request Form to receive more information on the Check Assist business opportunity
PLEASE NOTE: This website-advertisement is not an offering or franchise offering, nor is it directed to any person in any state. Persons submitting an information request form are under no obligation. This form is simply a request for more information.
Yes, I would like more information about Check Assist
* Required field
* First Name:
* Last Name:
* Address:
* City/State/Zip:
* Country/Province
* Email:
* Home Phone:
Work Phone:
Cell Phone:
Financial Information
Present Occupation:
Income Level:
* Available Cash On Hand:
* Approximate Net Worth:
Additional Information
Your geographical area of interest:
(City, State)
Type of Franchise/Business you are interested in:
Please pick a 2nd choice:
How soon are you looking to go into business?
How did you hear of Franchise Works?
I would like to receive additional information and be contacted by FranchiseWorks.com and/or the franchise and business opportunity companies advertising on FranchiseWorks.com. Add me to your mailing list to receive updated information and/or newsletter. Notify me as new franchise and business opportunities are listed. Please review the Privacy Policy on our Disclaimer Page for more details.
Please Note: Check Assist, and other franchise opportunities, business opportunities, businesses and franchises for sale on this web site are not to be considered as an "offering," suggestion or approval by FranchiseWorks.com. The franchises, businesses and business brokers seen on this web site submit their own individual content. We depend entirely on the truthfulness of the information they provide. As always, FranchiseWorks.com recommends seeking the advice of a lawyer, financial consultant or accountant before purchasing a franchise or business opportunity. By submitting this form and requesting more information, you have agreed to all terms and policies of FranchiseWorks.com and the business and franchise offerings listed here. Please review our full Disclaimer and Privacy Policy for further information.
