Pre-Approved Loans
Just like your current pre-approval process, QCash enables your credit union to offer pre-approved loans to your members for a variety of financial needs from the convenience of your digital banking application.
The differentiator with QCash, however, is that pre-approved members are invited to apply for a small-dollar loan not only knowing their need will be met, but also that funding will be immediate.
Seamlessly provide pre-approved, unsecured loans through a fully automated process. Your credit union provides a file with eligible members based on your pre-approval criteria, and QCash automates the loan fulfillment process. Give members what they need, while freeing up your staff to do other things.
How QCash’s current credit union clients leverage Pre-Approved Loans to better support their members:
- Life events
- Seasonal expenses
- Emergencies
- Special occasions
At the start of each year, Susan sees a significant dip in her checking account balance as she pays off bills from the holiday shopping season. It’s clear she’s financing her spending with credit, paying who knows what in interest. Going into the upcoming holiday season, Susan receives an email from her credit union letting her know she’s been pre-approved for a holiday loan with a highly competitive interest rate…
What’s Susan to do?
When you automate QCash Pre-Approved loans, you can help members like Susan without lifting a finger.
QCash is for more than pre-approvals. Whether members are bracing for back-to-school shopping or an incoming hurricane, QCash helps your credit union serve all members, no matter the need.
Together, we can make small-dollar lending easier and more accessible for everyone.
The secret sauce to a successful small-dollar loan program? Marketing to your members. QCash makes advertising easy with an array of premade marketing tools and templates that are customizable yet hassle-free.
Simple, fast and efficient way to meet our member’s short term financial needs.