PayFac Partners
Cash Advance
End-to-end payment management for cash advance lenders.
As a payment facilitator, we control the flow of deposits after a transaction is run, allowing us to offer you flexibility in how your customers make payments.
When your customers process everyday transactions through a designated merchant account with PayFac Partners, our technology ensures a split on all businesses’ electronic transactions – Visa, Mastercard, American Express, Discover, debit network and ACH.
By doing so, we reduce the time frame of deposits to you and your customers while also minimizing the risk of default.
A common pain point for lenders is managing payments.
PayFac Partners simplifies the process by automating collection of payment as your customers run everyday transactions.
PayFac Partnership Benefits
Deposit Management
Offer your customers a convenient way to pay back their cash advance with an automatic split on each batch
Instant Boarding
Simple online application portal for your customers with automated risk & approval parameters
Quick Funding
Stand out from your competition by giving client businesses the option of same-day or instant funding
Customer Care Dashboard
Approve/onboard new customers, manage documents and payments, all from a single dashboard
Reporting
Gain valuable insight into your customers’ businesses with a full sales analytics dashboard
Risk Engine
Lean on our built-in risk mitigation system to offer safer advances to more of your ideal customers
Value Added
Offer customers an all-in-one solution for payments & marketing – tools necessary for long-term growth
CRM Integrations
Our system can integrate with virtually any CRM out there – inquire below to request an integration
Payment Facilitation for Cash Advance
How It Works
Onboard Customers
Your customers fill out an application through a white-labeled online portal provided by PayFac Partners.
Process Transactions
Once approved, every transaction the business runs is split by a percentage – as outlined in your agreement.
Deposit Payments
When a batch settles, your customer receives a deposit minus payment on the cash advance and any additional fees.