TAMPA, Fla.–GTE Financial Credit Union said it is partnering with QCash to provide small-dollar loans to its members.
According to Olympia, Wash.-based QCash, which is a CUSO of Washington State Employees Credit Union, its “life event” loan platform is an easy-to-implement solution that allows credit unions to grant short-term, small dollar loans in “six clicks in 60 seconds.”
Within that time, the money is deposited in the member’s account, QCash said, adding that credit unions can practice financial inclusion, serving the underbanked, and help their members through the use of the solution.
“The QCash platform offers GTE Financial the chance to introduce the small dollar lending program our communities are asking for,” said Brian Best, president and CEO of the $2 billion GTE Financial. “When life happens, our members can now access emergency cash through their mobile devices, wherever they are, no matter the time.”
Added Seth Brickman, CEO of QCash Financial, “QCash is proud to supply GTE Financial with their first mobile small dollar lending program. With this platform, we are providing the GTE Financial community a better chance at accomplishing both their short- and long-term financial needs.”
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