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/Extensions - enter number allowed during setup
• Automatic principal reduction after a specified number of renewals.
• Use Check Verification while entering a loan to make quick approval decisions (optional integration).

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 fee 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 (view details of Hardware Integration here)
• Reprint contracts at any time
• Built-In Report Designer so you can create & modify reports specifically to fit your needs.
• Deposit loan funds into customer's bank account, if ACH service is enabled.

• Enter a loan with definable amount & terms.
• Multi User & 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 with Advantage Payment Systems (for more information please see our Software & Hardware Integration page).
• Teletrack queries (for more information please see our Software & Hardware Integration page).
• Check verfication system with Check A Check (for more information please see our Software & Hardware Integration page).
• Credit Card Processing with X-Charge Software (for more information please see our Software & Hardware Integration page).