Platinum Choice Bancard Merchant Cash Advance Program

Turn Your Future Credit Card Sales Into Cash Today!

Benefits for Business

With a simple, application form and no application fees, you can make use of cash advance funds in as little as 3-5 days. We qualify your business for an advance amount based on your average monthly Visa/MasterCard processing. Rather than make set payments on a monthly basis, you agree to have a small percentage of your daily credit card sales withheld to repay the cash advance. This percentage is automatically taken from your daily credit card processing settlements with Platinum Choice Bancard.

You have complete flexibility on putting your cash advance funds to work:

  • Renovate
  • Expand
  • Website Development
  • Working Capital
  • Replenish Inventory
  • Upgrade Equipment
  • Advertise / Promotions

Key Components

  • Get approved quickly with minimal documentation required
  • High approval rates
  • Receive funds in as little as 3-5 days
  • Repay the advance daily through your merchant processing
  • Opportunity to renew your cash advance for additional funds


What are the requirements?
  • Signed application
  • Six most recent merchant processing statements
  • Two most recent bank statements.   All pages are required.
  • Copy of state-issued driver’s license or passport
What can I use the cash advance for?

The advance can be used for any legitimate expense to help grow your business.

How Do I Make Payments?

Payments are taken directly from your daily MasterCard and Visa credit card deposits. The daily withhold percentage is based on your credit card volume. (Typically ranging between 10% to 20%)

Is there a penalty for paying the balance off early?

There is no penalty for paying off the balance early.

Do I need to process credit cards with Platinum Choice Bancard?

Yes, credit card processing must go through Platinum Choice Bancard.

How do I determine my outstanding balance?

Call the Platinum Choice Bancard customer service team at 1-973-324-2251 or email


Contact Us

Platinum Choice Bancard
420 Boulevard Suite 206
Mountain Lakes, NJ 07046

(888) 537-7332   - Toll Free
(973) 324-2551   - Local
(855) FAX-PCB1 - Fax


Platinum Choice Bancard, LLC is a registered ISO of Fifth Third Bank, Cincinnati, OH and is a registered ISO of Wells Fargo Bank, N.A., Walnut Creek, CA. American Express may require separate approval.