Merchant Funding

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We offer two types of merchant financing: Priority Funding Placement Desk and our most popular, Merchant Cash Advances.

Priority Funding Placement Desk

Utilizing various funding partners, we seamlessly provide you with a high-quality alternative to traditional bank financing – all at a competitive cost factor.

Merchant Cash Advances

Unlike traditional loans in which banks look at assets when considering lending money, we look at the strength of the business and the risk associated with it when providing businesses with a merchant cash advance.

Priority Payment Systems Local® Merchant Funding in the News, New Jersey Business Magazine feature:

When Working Capital Comes in Handy

What is a Merchant Cash Advance?

Merchant Cash

Merchant Cash Advance (MCA) is NOT A LOAN

Sum of Cash

Lender gives a business upfront lump sum of cash

Business Repays

Business repays via future sales + fee

Easy Application

Start with our simple, no-cost application. We'll make sure you you have all the documents you need to get approved as soon as possible.

Dedicated Support

A member of our team will work with you every step of the way and give you personalized solutions tailored to your needs.

Fast Funding

Once approved, our team will send out the approved funds to your business bank account.

Pros & Cons of MCAs


  • Quick approval for funding
  • Easy eligibility
  • Minimal documentation
  • No collateral or personal guarantee required
  • Repayment is based on a fixed percentage of your sales


  • Can be an expensive form of financing
  • Paperwork can be challenging to understand
  • Frequent payment schedule
  • Debt cycle risk
  • Not regulated by the government

Merchant Cash Advance vs. Plastiq



Typically long-term daily payments



Product can be used once, or over and over again

Amount eligible is based on past verifiable receivables

Eligibility is based on available credit limits on your existing business credit card accounts

One advance at a time, or you are susceptible to higher rates on second positions

Pay Plastiq upfront 2.9%. Pay your credit in 30 days or over time based on your agreement

Priority Payment Systems Local® offers Merchant Cash Advances through validated lending partners; a separate application is required.

Plastiq, is an alternative way to mitigate cashflow depletion by converting a credit limit from a business card to an ACH payment to a supplier.

Plastiq is owned and operated by Priority Payment Systems.


A Trusted Leader in Payment Processing

Priority Payment Systems Local® is renowned as a leading merchant payment acquirer in the United States. Established in 2013, Priority Payment Systems Local® has steadfastly pursued its vision of creating a merchant-focused payments platform, successfully positioning itself as a prominent figure in consumer payments and payment-adjacent services. The foundation of Priority Payment Systems Local® remarkable growth lies in its three core pillars: a cost-efficient, agile payment processing infrastructure; a proprietary, versatile product platform; and a dedicated, efficient distribution engine targeting business-to-consumer (B2C) payments.

Priority Payment Systems Local®, Local’s executive partner, with its headquarters in Alpharetta, GA, is a beacon of innovation and excellence in the field. The company proudly employs over 900 dedicated professionals and operates from a purpose-built campus. This campus is not only a testament to Priority Payment Systems Local® commitment to its employees and operations but also features state-of-the-art infrastructure and security, ensuring the highest standards of service and reliability in the industry.

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Let's Talk!

We take care of your payment transactions, and even provide funding options, so you can focus on the success of your business.

172 Monmouth St, Red Bank, NJ 07701
(800) 717-1250