InChek Reports Growth of 300%
May 22, 2010
From April 2009 to April 2010, InChek, LLC more than tripled in size. I attribute this to several factors:
1) Unique Positioning: We serve several niches including high risk credit card processing which we began in April 2010. In one year we entered the niche and mastered it. We have been able to get clients up and running and keep them up and running by providing important counsel in risk mitigation strategies.
2) Unique Relationships: The strength of our relationships is what allows us to provide a level of service to our clients that seems to be unique in our industry. We screen our acquiring relationships very carefully and only partner with those who demonstrate a commitment and ability to care for the needs of our clients.
3) Integrity and Honesty. We are very direct with our clients. We tell them how we see it. Never will we say we can do something when we can’t do it…we don’t promise accounts at 10bp over cost with no reserve. Our clients know what to expect and our relationships know they can count on our clients to cooperate and work in a mutually beneficial way.
4) Abysmally Low Attrition. In an industry characterized by very high turnover, our stick with us. They know they can count on us. Therefore they are not easily sold by the next guy who promises the world. I am especially proud of not only our very low attrition rate but also the fact that our clients are trustworthy. Generally, they do the right thing and don’t create risk issues. Basically, I love our clients…many of whom have now become friends.
These four factors, combined with some help from the Man upstairs, and alot of inspiration from Tyrone, have given us a remarkable growth curve…in my opinion anyhow
