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ACH Servicing Software

Loan servicing businesses know that it's very expensive and time consuming to service loans.

Studies have shown that the costs can average between $5 and $10 (or more) to collect each payment - this takes into account everything associated with each operation, printing costs, postage, your accounting staff, collectors, equipment and of course, the additional cost of money.

ACH DEPOSIT:

Eliminates accounting time and possible inaccuracies by receiving a file in NACHA (National Automated Clearing House Association) format, and automatically posting payments to customers accounts.

ACH COLLECTION:

Borrowers: Creates the NACHA formatted file to electronically collect a payment from a participating borrower's account.

Investors: Creates the NACHA formatted file that electronically pays your investors the amounts you've collected for them.

Software Features

Experience a free, personalized loan servicing software demonstration over the Internet.

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