How are funds sent to my practice and how fast will I receive them?

Last Updated June 8, 2023

Funds are directly deposited to your designated account within 1–3 business days after receipt of signed loan documents. We only use the direct deposit process as it eliminates mailing issues or misplaced checks.

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In the Practice Center Dashboard you’ll see Complete in the status column once signed approval documents have been received and accepted.
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Unless otherwise specified, all credit and deposit products are provided by LendingClub Bank, N.A., Member FDIC, Equal Housing Lender (“LendingClub Bank”), a wholly-owned subsidiary of LendingClub Corporation, NMLS ID 167439. Credit products are subject to credit approval and may be subject to sufficient investor commitment. Credit union membership may be required. Deposit accounts are subject to approval. Deposit products are FDIC-insured up to $250,000 per depositor, per ownership category.

"LendingClub" and the "LC" symbol are trademarks of LendingClub Bank.

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