OLYMPIA, Wash.–QCash Financial, a provider of automated, cloud-based, mobile lending products for financial institutions, said its QCash product suite is available as a white label offering for financial institutions.
QCash Financial’s product suite enables financial institutions to offer small-dollar, short-term loans quickly via a mobile device, from a branch or online to consumers. The suite is currently comprised of fee-based, small-dollar loans (QCash), and interest-based, near small-dollar loans (QCash Plus), both of which use the data analytics, technology and underwriting engine powered by QCash, the company said.
The QCash platform is entirely configurable so that loan offers can be customized to meet the goals of the financial institution—growing membership, supporting the “people helping people mission,” and providing margin for sustainable operations, the company added.
Loans are applied for, underwritten, and funded in three clicks, with funds deposited into the account usually in less than 60 seconds, according to QCash Financial. Members can apply through any channel—mobile, online banking, contact center or through the branch.