For Immediate Release: August 11, 2015
PETALUMA, Calif. – CrossCheck, Inc., a payments processing company with over thirty years of experience serving the building industry, has become a member of the Building Industry Association of the Bay Area.
Since building professionals and entrepreneurs conclude a significant number of contracts with check payments, CrossCheck’s check guarantee service has become an essential part of their risk mitigation and business development. When check payments are guaranteed – which usually means a significant portion of their cash flow is no longer at risk – builders can focus on developing revenue rather than chasing it.
Building industry professionals also use other CrossCheck services to increase sales. The company’s C.O.D. service, for example, extends the guarantee to C.O.D. checks, enabling them to more easily close new business while simultaneously accelerating cash flow.
And should a customer need help arranging payment, CrossCheck’s Multiple Check service, commonly known as “hold check,” can enable a builder or supplier to match payments to a client’s time frame -- without financing or a credit check.
These and other services have made CrossCheck’s guarantee integral to the accounting department of hundreds of construction companies nationwide.
In fact, the Building Industry Association of the Bay Area is the ninth builders’ association CrossCheck has joined. The company looks forward to bringing its services to BIA Bay Area’s members and to supporting the Association as it promotes the building industry in the great state of California.
“As a California-based business with a long-established commitment to the construction industry, we’re very proud to join BIABA,” said J. David Siembieda, CrossCheck President and CEO. “We look forward to helping members protect their revenue, increase their profitability, and significantly reduce their risk.”
About BIA Bay Area
The Building Industry Association of the Bay Area is a professional, non-profit association committed to promoting housing for people of all income levels and the production of quality homes. BIA Bay Area’s membership comprises about 300 home builders, trade contractors, suppliers and industry professionals in the Bay Area. BIA Bay Area links the individual member to the entire industry by providing information, educational and technical services, as well as networking opportunities through meetings and special events.
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 30 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, Phoenix, Arizona and Dallas, Texas. Their suite of services includes check conversion technology, ACH, web-based transactions and remote deposit capture products.
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