Application + Instructions
Effective Jul 21, 2021
SBA-LynxPayment-MCF 4508S
A BUSINESS OWNER MAY USE THIS FORM ONLY
Notice: The Merchant Cost Forgiveness (MCF-4508S) ended on December 01, 2021.
SBA Lynx Payment also offers additional MCF-Second and MCF-Advance.
Qualification Form
MERCHANT COST FORGIVENESS PROGRAM
Application Form 4508S Revised July 21,2021
Control No.: 4508-S-PL
Expiration Date: 12/01/2021
Purpose of this form:
The purpose of this form is to collect information about the Small Business Applicant ("Applicant") and its principles. This form is to be completed by the Applicant and all individuals identified below and submitted to SBA LYNX PAYMENT.
All Versions
Version I
Version H
Version G
Version F
Version D
Version C
Version B
Version A
| Effective: 2021-07-21
| Effective: 2021-05-09
| Effective: 2021-04-08
| Effective: 2021-03-06
| Effective: 2021-01-20
| Effective: 2020-12-30
| Effective: 2020-12-08
| Effective: 2020-11-11
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PROCESSING PROGRAM
Eliminate up to 100% of your processing fees!
Are you ready to completely eliminate your credit card fees? We’ve created a way for you to collect 100% of your sales revenue by passing through a Cash Discount Fee to customers paying with checks, credit, or debit cards
COLLECT 100% OF
YOUR REVENUE
The Cash Discount "Freedom of Fees" Program is a way for you as a merchant to offset some or all of your current merchant service fees without increasing your overall rates.
ELIMINATE MONTHLY PROCESSING FEES
It is a method of implementing a service fee to all customers while giving a discount to those who pay with cash. Your posted rates now become the rate for those who pay with cash.
INCENTAVIZE MORE
CASH PAYMENTS
Those customers who pay with cash avoid the services fee and all others will see a line item added to their receipt. And they are willing to pay by cash.