Our Merchant Cash Advances (MCA)
Range from $1,000 to $250,000
MERCHANT CASH ADVANCE
A Merchant Cash Advance is a type of funding that is not a loan. It is a purchase of a fixed dollar amount of a business’s future credit and debit card receivables. The Cash Advance provider purchases a specified dollar amount of your business’ future debit and credit card sales at a discount. Your business, instead of paying one large fixed monthly payment until a set maturity date like a loan, remits a fixed percentage of its daily debit and credit card revenue automatically!
WHY IT'S IMPORTANT
The banks of commerce are changing fast. That’s why 5 Star Payment Solutions delivers secure national solutions that simplify the connections that make
commerce possible, so business owners can grow faster, financial intitutions can manage transaction more efficiently, and merchants can serve their customers
easier than ever before. Whether it’s improving your customer relationships, enhancing your customer loyalty or boosting your bottom line, we make it easier for you to move at the next level.
Here's how it works
Have you ever noticed that many businesses accept cash and cards for payments? Well, we're excited to introduce a new program called the 'Cash Discount Program' that can benefit both you and your business.
By using cash, you save a certain percentage on your total purchase. It's a way for us to say 'thank you' for choosing cash as your
preferred payment method.
Now, you might wonder why we're doing this. Well, it's because accepting credit and debit card payments involves processing fees for you as a business owner. These fees can add up over time. By encouraging cash transactions, we can reduce these costs and pass the savings on to you.
Please note that the cash discount program allows us to provide these discounts by applying a small surcharge to customers who choose to pay with credit or debit cards. This surcharge helps offset the processing fees we incur.
Get a Free Quote
To learn more, simply provide your contact information, and our Agents will promptly reach out to you.