Electronic Payments for Lenders
Electronic payment processing for lenders and loan servicing companies. If you need a reliable e payment system, you’ve come to the right place. Direct lenders, loan servicing companies & brokers are welcome to apply.
ACH merchant accounts are readily available to lenders.
Echeck merchant accounts for high risk merchants that want greater flexibility on returns & revokes than ACH.
- Debit card merchant accounts for both for retail and card-not-present processing.
- Send Payments. Same day ACH credits give you a competitive advantage. Borrowers receive funds the same day the money is sent.
Payment Processing Stabilizes Cash Flow for Lenders
These days, electronic payment processing is vital for lenders. All accounts include unlimited billing plans. Automating payments by accepting ACH debits, echecks & card payments improves work flow while stabilizing cash flow.
Many lenders prefer payments through a bank account rather than a card. The reason is easy to understand. Bank accounts rarely change & payments from bank accounts remain stable over time. Recurring payments continue uninterrupted, with no need to update payment data.
Now that same day ACH credits are here, it’s faster & easier than ever before to disperse same day loans. Everyone wants their money quickly these days. Keep up with the competition. Same day ACH credits are now the de facto, low-cost way to send money to anyone with a US bank account.