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