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.
How are funds sent to my practice and how fast will I receive them?
Last Updated June 8, 2023less than a minute read
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Related FAQ's
You can log into the Practice Center at any time and check practice fees for any of your patients by clicking the patient's name.
In the Practice Center Dashboard you’ll see Complete in the status column once signed approval documents have been received and accepted.
We understand that unexpected disruptions, like a government shutdown, can cause financial stress, and we’re here to help.
Personal Banking Customers: Our Elite and Reserve Tier customers can place a wire via Online banking or the LendingClub Mobile app. For all other customers, they can reach out to Customer Service at 800.242.0272 to initiate a wire.
To get 1% cash back on qualified purchases, follow these requirements
Related Glossary
{noun} A type of credit that allows the borrower to make charges and payments against a set borrowing limit, paying interest only on outstanding balances.
{noun} The amount of unpaid interest that has accumulated as of a specific date, either on a loan or an interest-bearing account or investment.
{noun} The total annual cost to borrow money, including fees, expressed as a percentage.
A debt that is written off as a loss because the financial institution or creditor believes it is no longer collectible due to a substantial period of nonpayment.
{noun} An interest rate that remains the same for a set time, usually for the life of the loan.
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