Business Checks

Having a business is very important to keep good credit. Even with your bank. Did you know that if you dont keep up with how many times you bounced a business check for the company, that the bank will. They keep a record on it for at least a year. If you bounce too many checks, it can be reported to Chex systems and they’ll mark it.

Having bounced checks can cost from $30-35 (depending on your bank). Some banks are acutally increasing the fees. Have a savings acct as a backup, credit card, or better yet, just keep good records and have extra money. If you bounce to many checks with your vendor, you can loose their business that will hurt yours in the long run.