News and Press Releases

CrossCheck Becomes Preferred Vendor for LMC

Posted by Kris Coughtry on Mon, Aug 22, 2011 @ 09:14 AM

PETALUMA, Calif. – CrossCheck, Inc., the nation’s third largest check approval and guarantee company, has become a preferred vendor for Lumbermen's Merchandising Corporation (LMC), a collective of independent lumberyards and building materials dealers. As part of LMC's vendor program, CrossCheck will offer LMC members special group pricing on payment services including standard guarantee, check conversion processing and collections.

“We have several payment programs that greatly benefit building material businesses. With our services in place, businesses can process consumer and business checks, guarantee checks for COD shipments or deliveries and electronically deposit checks right from their desktop. These payment programs can help build sales and offer cost savings in check processing and collections and I'm pleased we can provide them to members of the Lumbermen's Merchandising group,” said J. David Siembieda, CrossCheck President and CEO.

"LMC is very excited about our new program with CrossCheck. We look forward to providing CrossCheck's services to our members as part of our preferred vendor program," said Michelle Maciey, Buyer, Lumbermen's Merchandising Corporation.

About Lumbermen's Merchandising Corporation

Lumbermen's Merchandising Corporation (LMC) is a collective buying force of independent lumberyards procuring quality products & solutions for LMC dealers servicing professional builders. The network includes independent lumber dealers with over 1200 locations across 49 states plus the Bahamas. LMC offers members a collective buying force of forest products and building materials and procures quality products and solutions vital for independent lumberyards to service the professional builder's every need. For more information, visit www.lmc.net.

About CrossCheck, Inc.

CrossCheck, Inc., an established leader in the payments industry, processes and approves billions of dollars worth of check transactions annually for retail and dealer outlets throughout the U.S. For more than 27 years, its goal has been to increase merchants’ profits by providing efficient and affordable check approval, guarantee and conversion services that can help increase sales and reduce risk. The company has offices in Petaluma, California and Dallas, Texas. Their suite of services includes check conversion technology, ACH, web-based transactions and remote deposit capture products and, through subsidiary Optio Solutions, cost-effective debt management tools. Visit www.cross-check.com for more information.

Tags: Associations, Building Materials

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