Getting an ACH processing account doesn't have to be so difficult for installment line of credit lenders. We can help. The days online "payday lending" are nearly gone but consumer lenders can still lend online if the model is changed to installment and line of credit loans with fixed interest rates over fixed lengths of time. There is growth in this segment of the market, especially for Delaware corporations that cite choice of law and a given state doesn't prohibit. This presentation includes some information about Prineta, typical pricing ranges for ACH processing services, and details about reserves, hold times, and all the details most people want to know before making a vendor selection. We have quite a few clients and know which processors have a good track record of stable processing relationships and we are confident that we can help you get an account (and sometimes more than one account). Directions on how to request a proposal and apply are on page 6. More information about ACH services for higher risk merchants can be found at: https://prineta.com/get-approved-high-risk-ach-processing-account/

1. Learn more about the ACH processing options available higher risk merchants on our website:
https://prineta.com/get-approved-high-risk-ach-processing-account/
ACH Processing Accounts for
Installment Lenders
Getting an account doesn’t have to be so difficult. We can help.

2. Learn more about the ACH processing options available higher risk merchants on our website:
https://prineta.com/get-approved-high-risk-ach-processing-account/
We can help you with an ACH processing account.
We are experienced payment consultants that help
consumer installment lenders establish stable ACH
processing relationships.
We are well-connected with multiple high risk ACH
processors that understand what lenders need.
We know what we are doing and know how to get
deals done. Looking for an ACH processing
account doesn’t have be so difficult. We can help.

3. Learn more about the ACH processing options available higher risk merchants on our website:
https://prineta.com/get-approved-high-risk-ach-processing-account/
ACH Accounts for Installment Lenders (Non-Tribal)
Typical Pricing Range:
Per Transaction Fee: 32 to 95 cents depending on volume and
processing history
Discount Rate: 0% to 3.99% depending on history, business model,
and per transaction fee
Monthly Account on File Fee: $10.00
Setup Fee: $0.00
Statement Fee: $10.00
Monthly Minimum: $200 - $500
ACH NOC Violation: $25.00 - $35.00
ACH Return Items: $1.50 - $3.00 depending on history
ACH Unauthorized Returns: $15.00 - $25.00

4. Learn more about the ACH processing options available higher risk merchants on our website:
https://prineta.com/get-approved-high-risk-ach-processing-account/
Required Documents
• Signed Application
• Financing Questionnaire
• 2 Months Business Bank Statements
(if a new business, need 3 months personal bank statements for the majority owner and personal tax
returns may sometimes be required).
• 2 Months Processing Statements (if applicable)
• Articles of Incorporation
• Copy of SS4
• Clear Copy of ID
• Voided Check or Bank Letter
• Copy of any Customer Contracts/ Agreements/ Scripts
• Copy of ALL State Licenses

5. Learn more about the ACH processing options available higher risk merchants on our website:
https://prineta.com/get-approved-high-risk-ach-processing-account/
Details:
Cut Off-Time: 8 PM Eastern
Settlement: Daily - based upon credit
Reserves: 0% to 5% for 3 months rolling - based upon history (“strength of file”) and credit
Banks: Chase or Wells Fargo - large accounts 100 Mil a month or more will be welcome
Rules: Can operate with this program in every state they are licensed in
Hold Period: Funds held 1 to 4 days after settlement depending on history and credit.
Scrub: Merchant can use their own scrub software which is typical but processor has a
couple of options available.
File Cost: $25
Does account run on a Monday to Saturday cycle 6 days a week? Or some other cycle such
as Sunday through Friday 6 days a week? The processor attempts to stagger so that they
can fund on Saturdays.
What states excluded? None. Any state where the company is licensed to lend.
Installment lenders offering Line of Credit (LOC) loans pursuant to Delaware law citing
"choice of law" may lend online with processors that accept LOC jurisdiction.

6. Learn more about the ACH processing options available higher risk merchants on our website:
https://prineta.com/get-approved-high-risk-ach-processing-account/
Request a Pricing Proposal
Three Easy Steps:
1.Complete the Attached “Pre-App”
2.Complete the Attached Questionnaire
3.Send together with your last 3 months processing
statements to
If you have had your ACH processing account shut down or
you need a second or third ACH account for business
continuity protection, we can help. We do #highriskach
processing for installment lenders.
High Risk ACH
Pre-App
Lender
Questionnaire

7. Learn more about the ACH processing options available higher risk merchants on our website:
https://prineta.com/get-approved-high-risk-ach-processing-account/
Request a Pricing Proposal
Three Easy Steps:
1.Complete the Attached “Pre-App”
2.Complete the Attached Questionnaire
3.Send together with your last 3 months processing
statements to
If you have had your ACH processing account shut down or
you need a second or third ACH account for business
continuity protection, we can help. We do #highriskach
processing for installment lenders.
High Risk ACH
Pre-App
Lender
Questionnaire