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Home » BECU rolls out same-day payments for dealers

BECU rolls out same-day payments for dealers

About $6M per day funneled through ACH to dealers

Joey PizzolatobyJoey Pizzolato
January 3, 2024
in Capital & Funding, New Tracks
Reading Time: 3 mins read
0
BECU launches auto refi amid wider tech transformation

Courtesy of BECU

BECU has rolled out same-day payments for its dealer partners as the credit union looks to increase funding speed as dealer cash flow remains squeezed amid elevated interest rates. The Tukwila, Wash.-based credit union has seen its funding time drop to five hours since rolling out same-day payments in July, down from 17 hours when […]

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