Getting too many checks returned?  Finding them too difficult and time consuming to collect?  Then, wouldn't your time be better invested producing new revenues rather trying to collect the revenues you've already earned?

Mid America Solutions has several excellent check recovery services available to businesses and retailers.  Each service varies slightly addressing the differing uniqueness of those businesses and retailers.  But, the best part of each service is that they feature "no cost" recovery and full face amount back of the check. 

Check recovery needs to be quick and efficient if it is going to truly be of value to the merchant.  Each of our services feature "electronic recovery", unlike what most financial institutions provide as their standard service.  Be reminded that electronic items in the banking system takes precedence over paper items.  Thus, when your customer has more than one item clearing his/her account at the same time and inadequate funds to cover both, your electric recovery item will clear ahead of the other!

Our check recovery also features optional regular check collections designed to handle hard to collect checks (i.e. - closed accounts, stop-pays, etc.).  These options are provided by a network of collection agencies that span across the country.

So, if your returned checks have become a problem or you simply do not have time to deal with them, contact us.  We'll be happy to develop a solution that is just right for you!  (BTW - Some of our solutions provide 100% plus recovery that helps off-set your other banking fees.)

Did You Know?

According to the Federal Reserve, the number of bounced checks in 2003 was about 200 million, for a value of about $151.2 billion. The average amount of a bounced check was $756. In 2003, about 548,000 checks, for a value of $414 million, bounced each day!