Auto Dealer Hold-Check Program
Peace of Mind and Sales First
CheckCare's Hold-Check Program gives your F&I team the power to accept post-dated down payment checks with full confidence. Scan the customer's checks through the savviVERIFY portal, and guarantee checks against loss: full face value, paid upfront. Third-party and accommodation checks accepted.
How It Works
How the Hold-Check Program Works
Verify Through the savviVERIFY Portal
Access our web-based portal from any device. Scan the customer's checks for instant verification against 300M+ accounts.
Review Risk Details with Your F&I Manager
If we find negative information, we share the specific details with your F&I manager. They see what we see. They decide based on the customer and the deal, not a blind algorithm.
Schedule Deposits Within 30 Days
All hold checks are dated and approved the same day. The customer selects deposit dates. Your team deposits each check as it matures.
Compliant Checks Guaranteed, Paid Upfront
If a compliant check is returned, CheckCare pays your dealership the full face value upfront. No waiting on collections. No write-offs.
The CheckCare Difference
Sales First. Your F&I Manager Makes the Call. Not a Machine
Most check guarantee providers give your team a one-word answer: approved or declined. No context. No details. A good customer with a single old returned item gets blocked, and a deal walks out the door.
CheckCare works differently. savviVERIFY Approvals are guaranteed and Declines present the specific findings directly to your F&I manager to make an informed final call on the sale.
- 100% Real-Time Bank Account Status: Multiple banking networks, direct bank calls, and funds verification for out-of-network banks. Your F&I manager sees whether the account is open, active, and funded.
- Negative Check Data: Returned check records from business online, ACH, wholesalers, check cashers, and major retailers including Home Depot, Lowes, Walmart, and retailers that cater to businesses. The details of what happened and where.
- Stop Payment History Detection: Flagged in real time.
- Account Closure Alerts: Catches closed accounts before they become losses.
Why this matters: If the customer has a stop payment from two years ago on an $80 check at Lowes, other providers decline a $4,000 down payment with no explanation. With savviVERIFY, your F&I manager sees that specific flag and makes their own judgment. Your team knows the customer. They know the deal. We give them the intelligence to make the right call.
Dealer Benefits
Built for How Dealerships Actually Work
✓ Close More Deals
Customers who cannot pay the full down payment today split it across multiple checks deposited over 30 days. They drive off the lot now. You get guaranteed funds on schedule.
✓ Full Upfront Guarantee
Compliant checks that bounce are reimbursed at full face value, paid to your dealership upfront. Not after collections. Not in installments. Upfront.
✓ Third-Party Checks Accepted
Accommodation checks accepted when both the check writer and buyer complete the agreement. Family members, employers, and co-signers can contribute to the down payment.
✓ Simple Check Scanner Hardware
Access from any computer. No software to install. Scan checks and get instant verification in seconds.
✓ Lower Processing Costs
Check payments avoid credit card interchange fees of 2-3.5%. On a $5,000 down payment, that is $100 to $175 back in your margin.
✓ F&I Control
Your finance team sees the same risk data we do. Negative account details are shared transparently so they approve or decline on their terms, not ours.
Collections Services
When Checks Come Back, We Go to Work
snapCOLLECT App
Snap a photo of any returned check with your phone, submit it instantly, and the collection workflow triggers immediately. Track every submission, processing step, and recovery status in real time from anywhere. No paperwork. No delays.
Optional Branded Collections
Collection letters go out under your dealership's name, address, and phone number. Makers and payees see communication from your business, not a third party. This protects your customer relationships while putting immediate pressure on recovery.
Collection Payments Sent Weekly
Recovered funds are ACH'd directly into your dealership's bank account on a weekly cycle.
⚠ Tier-2 U.S.-Based Hard Collection Workflows
When branded letters are not enough, our experienced U.S.-based collectors escalate:
- Professional and persuasive demand letters reflecting urgency and payment-in-full expectations
- Specialized workflows for stop payment, duplicate check, and non-NSF returns
- Verified funds and timed electronic redeposits to capture payment quickly
- Multi-source skip-tracing to locate hard-to-find check writers and business owners
- Customized payment plan negotiation on terms your dealership approves
- Account locking to prevent non-payers from cashing additional checks
- Optional: Legal case filing against makers and payees who refuse to pay
What We Collect On:
- New returned hold-checks from F&I Manager approvals
- Old returned checks already on your books
- Returned ACH payments from any department
- Returned checks from parts, service, body shop
All Checks Covered
Every Department. Every Check
Ready to recover your money?
Allow us to begin collecting your checks right now! Discover how our services can save you money!
A Few of Our Check Verification Partners
