Payday Loan Software …
Cash Advance Software …
Deferred Deposit Agreement …
Paycheck Advance …
Post-dated Check Cashing …
Title Loans …
Installment Loans …
Consumer Installment Loans …
Whatever you call it, this is it!.
Cash Advance Pro offers an integrated payday, title, and consumer installment loan software solution with optional integrated services such as ACH and Teletrack queries, all rolled into one package that is specifically engineered for Windows operating systems. Cash Advance Pro extends short-term and long-term loans to customers based upon a predefined interest rate established in a table. Those in the quick cash/fast cash business of making short-term payday loans and long-term installment loans will appreciate its ability to track customers and the loans given to them. Cash Advance Pro will print contracts, payment receipts, checks, delinquency reports, transaction listings, daily operating summaries, and much more.
Payday Loans & Check Cashing
- One Screen Processing
- Integrated Check Verification
- Teletrack Queries
- Quick Add Customer Form: Collects basic customer information for faster processing.
- Loan Renewals and Extensions: enter number allowed during setup
- Automatic principal reduction after a specified number of renewals.
Title Loans
- Single or Multi Payment Loans
- Built-In Refinance Feature: Makes Refinancing quick & simple
- Customizable Payment Frequency (Weekly, Bi-Weekly, Monthly, etc.)
- Display on-screen Amortization Schedule while processing loan
- Ability to enter collateral information on loan form
- Attach photos of collateral to loan record
- Print lien checks while processing loan
Consumer Installment Loans
- Support for both Simple & Contractual Interest Loans
- Standard Amortization
- Fully customizable Installment Loan programs
- Alternate first payment dates
- Built-In Refinance Feature: increase loan amount during refinance
- Multiple Security Types to choose from (Check, Collateral, Signature, etc.)
- Attach photos of collateral to loan record
User Friendly Enhancements:
- Set individual customer credit limits
- Set loan maximum & minimum values
- Fields auto-populate based on default settings established during setup; these can be overwritten during loan process
- Late fees are auto-calculated, flat fees, or percentage-based.
- Ability to calculate Loan & Lien fees (Flat Fee or Percentage)
- Several contracts are included or can be customized based on your needs.
- Signature Pad Support
- Reprint contracts at any time
- Built-in report designer, so you can create & modify reports specifically to fit your needs.
- Deposit loan funds into the customer’s bank account if ACH service is enabled.
Product Comparison |
Cash Advance Pro | Cash Advance Pro Lite |
|---|---|---|
| Payday, Title, & Installment Loans | ✓ | ✓ |
| Check Cashing | ✓ | ✓ |
| Attach photos & documents to loans & customer records | ✓ | ✓ |
| Built-in Report Designer: Modify & Create Reports | ✓ | ✓ |
| Check Verification, Credit Card processing, & ACH integration | ✓ | ✓ |
| Track Expenses & Receipts | ✓ | ✓ |
| Multi-level security with individual password logins for each employee. Enter an unlimited number of employees. | ✓ | ✓ |
| Teletrack Queries | ✓ | |
| Multiuser – ability to be networked with multiple computers at a single store location | ✓ | |
| Remote internet connections from home or corporate office to any store location | ✓ | |
| ODBC drivers to access database using Microsoft Word, Excel, Access, or Web Products. | ✓ |
Multi-User and Multi-Store Capabilities
Cash Advance Pro is designed on advanced Client / Server technology so that you will not be limited as your company grows. Need to add more computers? No problem. You can run as many computers as you want at a store location without any additional fees. Getting them set up is a breeze. Just create a shortcut to the server, and the system will run on that computer. There is not even a need to install the software on each client computer (although doing so might enhance performance a little).
The best news is that Cash Advance Pro uses TCP/IP protocol to communicate with an advanced SQL database. This is the same protocol used to navigate the internet. So what this means is that you can easily expand to satellite locations with nothing more than an internet connection. That’s right. You can run 1 store or 100 stores from one database location. All you need is an internet connection. Because all stores share their data, any store can conduct transactions on accounts in other stores. Separate close outs are done at each store, so each store’s business summary information is separated. Note that Cash Advance Pro is priced per location.
Even if you choose to use a model which hosts a different database at each location, you can take advantage of the Client / Server technology by using our Change Database feature. With broadband internet connections at your stores, you can easily change your working database to any of your stores with just a few mouse clicks.
Cash Advance Pro Features:
- Enter a loan with definable amount & terms.
- Multiuser & Multiple Cash Drawer Capabilities.
- Ability to restrict loan amounts to minimum & maximum allowable amounts.
- Ability to restrict an individual customer’s credit limit.
- Automatically calculate different interest rates based upon specified loan amounts.
- Ability to override interest amount on new loans.
- Track all money going in to & out of the cash drawer.
- Track the number & total amount of held checks.
- Print contracts, checks, & payment receipts, with the ability to reprint at any time.
- Track Petty Cash & Miscellaneous Receipt Transactions.
- User definable Petty Cash & Miscellaneous Receipt categories & reason codes.
- Petty Cash expenses & Miscellaneous Receipt functions for the cash drawer.
- Transfer funds between cash drawers.
- Easy renewals which will satisfy an existing loan & establish a renewed loan.
- Renewal loans are tracked separately from new loans.
- Automatic principal reduction after a specified number of renewals.
- Can calculate simple interest or contractual interest amounts.
- Customizable Receipts, add company logo &/or slogan.
- Bank deposit tracking with month to date & year to date calculations.
- Bank deposit is auto calculated based on the beginning balance for the day, this feature can be disabled.
- Ability to give non-cash credits on individual loans.
- Ability to change loan status such as Charge-off, Difficult, Legal, etc. Some statuses will stop accumulating interest.
- Ability to charge-off loans to bad debt yet retain them for future records.
- Bad check tracking. Collect payments on Bad checks. Customizable Bad check letters.
- Delinquency reports.
- Late fee collection with ability to waive & track the number & amount of late fee waivers.
- Ability to add notes & comments to customer records.
- Ability to flag an alert notice on a customer so another employee accessing that customer record will
be notified with urgent messages concerning the customer. - Ability to color-code customer records based on standards definable by you.
- Support for printing mailing labels & envelopes.
- Multi-level security with individual password login for each employee.
- Complete tracking of every employee transaction & when they do it.
- Automatic security verification screen pops up after a specified length of inactive time passes.
- Calendar & calculator pop-up screens for fields that require date & numeric inputs.
- Context sensitive help system.
- Easy transaction reversals of any transaction done during the current business day.
- Cash Checks for flat fee or percentage fee based on the check amount.
- Create & modify as many reports as you like with our built-in Report Designer.
- Export reports to various file types such as pdf, excel, etc.
- Ability to email reports to anyone anywhere.
- Customizable QuickBooks export.
- Attach pictures to Customer & Loan Records.
- Attach documents to Customer & Loan Records (pdf, word, excel, etc.)
- ACH integration (for more information please see our Software & Hardware Integration page).
- Teletrack queries (for more information please see our Software & Hardware Integration page).
- Check verification system (for more information please see our Software & Hardware Integration page).
- Credit Card Processing (for more information please see our Software & Hardware Integration page).
Windows Operating System with at least 8 GB RAM
A 500 GB Hard Drive with at least 100 GB free space
Broadband Internet Connection (allows for remote connections for technical support)
Remote Connection Requirements:
Static Public IP Address or Dynamic IP resolution software
Access to port forwarding on router
To purchase or lease our software:
- We accept electronic checks, ACH, and company checks.
- We accept major credit cards: Visa, Master Card, American Express, and Discover.
- Visit our Contact Us page to arrange for payment and installation of our software.