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Fast Cash received a “Termination Letter” from their ACH processor for having too high a “return rate.”.
AFS Solutions was in the tentative position of using a processor where all client monies were co-mingled
Money Overnight “lost” their ACH processor.
1. Each lender reached out to ECheckSystem.com. ECheck System’s Team explained the ICL process along with the pros and cons.
2. ICL “Image Check Letter” processing enabled these lenders to remain in business. ICL works with nearly every bank.
3. Thanks to ICL and ECheckSystem.comNow, lender funds are deposited directly into their bank account.

 

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