What is Commercial Check Cashing?
Answer: Commercial Check cashing is a financial service for a business which allows business owners to access their funds immediately as opposed to waiting for their check to clear at a bank.
Commercial Check Cashing offers quick, convenient and affordable solutions for businesses seeking immediate cash.
What types of checks do we cash?
Answer: Checks payable to your business
Why use a Check Cashing service?
Answer: There are many advantages that Check Cashing and other financial service businesses have over banks and other traditional financial institutions.
Some of these advantages include.
Convenient hours of operation,
usually open earlier and later than banks
Quick access to cash
No holds on your checks
Great Customer Service
Banks may also limit the amount of cash they will give to a customer on a per day basis.
If you own a small business, you are well aware of the limitations that banks have on servicing your cash needs.
Who uses Commercial Check Cashing?
Answer: Small- medium size business owners whom suffer from cash flow problems as a result of banks placing holds on their funds.
How much does it cost to cash a check?
Answer: The fee to cash a Commercial Checks is negotiable as there is no set rate established by the New York State Banking Department.
Copyright © 2019 Republic Capital Group, LLC.
Republic Capital Group, LLC is licensed by the Superintendent of Banks pursuant to article 9-A of the Banking Law.
Republic Capital Group, LLC is registered with the Financial Crimes Enforcement Network (FinCen) as a Money Service Business (MSB).
and is also a proud member of the Financial Service Centers of America (FiSCA).
Associates of Republic Capital Group, LLC are proud members of the
Association of Certified Anti-Money Laundering Specialists (ACAMS).