OLYMPIA, Wash.– QCash Financial has announced partnerships with four more credit unions to offer members digital platform that makes available short-term loans for their unexpected cash needs.
The CUSO said members can use the platform to get a loan in under 60 seconds.
Selecting QCash Financial were Park View FCU in Virginia, SAFE FCU in South Carolina, Credit Union of Texas and Jefferson Financial CU in Louisiana.
Statements from CUs
In statements, the credit unions said:
- “Park View is excited about our partnership with QCash,” says John Beiler, president and CEO of Park View Federal Credit Union. “Their lending platform will give us the ability to offer an Express loan based on a member’s relationship rather than relying on their credit score history.”
- “The opportunity to introduce a better alternative digital lending option to SAFE FCU members is very exciting,” says Michael Baker, president and CEO at SAFE FCU. “This agreement ensures our members have the opportunity to apply for a loan and have it deposited the minute an emergency expense comes around.”
- “CUTX is excited to begin offering the QCash life event lending platform to our membership,” says Angela Faust, SVP/CAO for CUTX. “The platform’s ease of use and accessibility to small dollar funds can change the financial inclusion and health opportunities for our members in the communities we serve.”
- “We are excited to begin offering life event lending to our cooperative members,” says Carie Lopez, Chief Lending Officer at Jefferson Financial. “The QCash platform’s six clicks in 60 second capability to get emergency funds to members when and where they need offers fundamental advantages to financial inclusion for our community.”
Added Seth Brickman, CEO of QCash, “Members will receive the financial assistance they need, when they need it, while continuing to build loyalty and trust with their credit union.”
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