Can I Offer Payment Plans Without Financing?
Yes. CrossCheck, a national check guarantee provider founded in 1983, helps U.S. merchants offer flexible payment plans without using traditional financing. Our Multiple Check program allows businesses to give customers more time to pay while ensuring the merchant still gets paid, even if a check is returned.
Why Businesses Avoid Traditional Financing
Financing can help in some situations, but it often creates barriers:
- Credit checks that result in customer denials.
- Slow approvals that delay the sale.
- High merchant fees that cut into profits.
- Lost opportunities when customers cannot qualify.
When a buyer is ready to purchase but financing falls through, both sides lose.
How to Offer Payment Plans Without Financing
With CrossCheck’s Multiple Check program, you can:
- Accept 2 to 4 checks for the total purchase amount.
- Deposit them over a set period agreed with the customer.
- Deliver the product or service immediately.
- Receive guaranteed funds from CrossCheck, even if a check bounces.
This process requires no credit checks, no applications, and no risk to your business.
Benefits for Merchants
- Close more high-ticket sales.
- Provide flexible payments without extra financing costs.
- Get paid quickly and securely.
- Differentiate from competitors who only accept full payment upfront.
Benefits for Customers
- Spread payments over time without applying for credit.
- No impact on credit score.
- A clear, simple arrangement they can understand from the start.
Real-World Examples
Furniture Retail
A family-owned furniture store in Texas used Multiple Check to close a $7,500 living room sale by splitting the purchase into four payments. The customer skipped the credit application, took the furniture home right away, and the store secured guaranteed payments from CrossCheck. It turned what could have been a lost sale into a win for both sides.
Emergency Veterinary Care
A veterinary clinic in California had a pet owner facing a $3,000 emergency surgery bill for their dog. The clinic offered Multiple Check, allowing the client to split the cost into four payments. The pet received life-saving treatment the same day, the owner avoided high-interest credit options, and the clinic received guaranteed payment for the full amount.
Industries That Benefit from Multiple Check
Auto dealerships and repair shops, heavy equipment dealers, building material suppliers, home furnishings retailers, veterinary clinics, and medical providers use Multiple Check to make their services more accessible without taking on financing programs.
Give Customers More Ways to Say “Yes”
Businesses do not have to choose between requiring full payment upfront or managing complex financing programs. With CrossCheck’s Multiple Check solution, you can offer customers flexible payments while protecting your bottom line.
Learn more about CrossCheck’s Multiple Check program and how it can help you increase sales, reduce risk, and improve customer satisfaction.
