The timing of when you receive the funds depends on when you sign the promissory note. If you accept the loan before 5:00 P.M. ET on a business day (Monday to Friday), we initiate a transfer of funds on the next business day. However, if you accept the loan after 5:00 P.M. ET on a business day, we may initiate the funds transfer 2 business days later.
If you accept the loan on a non-business day, like a bank holiday or a weekend, the disbursement process will start on the next business day. In this case, you'll receive the loan proceeds 2 business days after you sign the promissory note.
The time you receive the funds may vary depending on the loan product you are taking and the lending partner originating the loan. To receive personal loan proceeds you must add and verify a personal bank account in your name. The loan proceeds will be directly deposited into that account. We cannot accept business accounts.