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 on 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.

Multi-User and Multi-Store Capabilities

Cash Advance Pro utilizes advanced client/server technology to ensure unlimited growth for your company. 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 to communicate with an advanced SQL database. This is the same protocol used to navigate the internet. This means you can easily expand to satellite locations with just 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 closeouts are done at each store, so the business summary information is separated. Note that Cash Advance Pro is priced per location.

Even if you choose to use a model that 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 a definable amount & terms.

• Multiuser & Multiple Cash Drawer Capabilities.

• Ability to restrict loan amounts to minimum & maximum allowable amounts.

• The system also allows for the restriction of a specific customer's credit limit.

• Automatically calculate different interest rates based upon specified loan amounts.

• The system also provides the capability to modify the interest rate on new loans.

• Track all the money going in and out of the cash drawer.

• Track the number & total amount of the held checks.

• Print contracts, checks, and payment receipts, with the option to reprint them 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 and establish a renewed loan.

• Renewal loans are tracked separately from new loans.

• Automatic principal reduction after a specified number of renewals.

• The system can calculate either simple interest or contractual interest amounts.

• CCustomizable receipts allow you to add a company logo and/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 provide non-cash credits on individual loans.

• AThe ability to change the status of loans to categories such as Charge-off, Difficult, Legal, etc. Some statuses will stop accumulating interest.

• It is also possible to charge off loans for bad debt while still keeping them on file for future reference.

• Bad check tracking. Collect payments on bad checks. The system allows for the customization of bad check letters.

• Delinquency reports.

• The system includes fee collection features that allow users to waive late fees and track both the number and amount of these waivers.

• The 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.

• You have the option to color-code customer records according to your own defined standards.

• Support for printing mailing labels & envelopes.

• Each employee has individual password login access, ensuring multi-level security.

• Complete tracking of every employee's transaction & when they do it.

• An automatic security verification screen pops up after a specified length of inactive time passes.

• Calendar & calculator pop-up screens for fields that require dates & numeric inputs.

• Context-sensitive help system.

• Easy transaction reversals of any transaction done during the current business day.

• The system checks for either a flat fee or a percentage fee based on the amount of the check.

• 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.

• The ability to email reports to anyone, anywhere.

• Customizable QuickBooks export.

• Attach images to customer, loan, and transaction records.

• Attach documents to Customer & Loan Records (pdf, word, excel, etc.)

• ACH integration.

• Teletrack queries.

• The system also includes a check-verification feature through third-party integration.

• Credit card processing by third-party integration.