Payment Processing
BGE Financial's Payment Processing Service collects your monthly rental payments. The benefits include improved cash flow, improved customer retention and more time to focus on your business.
Payments are electronically collected by credit card or ACH (automatic cash withdrawal from their checking account) and deposited directly into your business checking account. BGE Financial will provide you with transaction reports.
BENEFITS TO YOUR BUSINESS
- Improved Cash Flow: BGE's Payment Processing Service can help keep your receivables current, which will have a positive impact on your cash flow.
- Improved Retention: Keeping customers current on their rental payments will increase customer retention. Retention helps the music dealer, your music directors, and most importantly the student, by keeping students enrolled in band programs.
- Increased Employee Productivity: BGE Financial's Payment Processing Service will free up those employees currently concentrating their time and energy on rental payment collections for other tasks. Your employees will have more time to devote to customer service and sales, which in turn will add to the success of your business.
- Lowers Costs: You will see lower phone bills, postage expenses, paper costs, and possibly employee payroll, while using this service.
