Bee Pay specializes in payment servicing for industries that cannot charge upfront fees for services. Our integrated escrow payment servicing is trusted by numerous Student Loan Consolidation companies. We draft your payment, hold it in our FDIC-insured third-party escrow account, and release your funds after your work is completed
We know it is a difficult industry to find a payment processor willing to handle Credit Servicing accounts. At Bee Pay we specialize in payment processing for your industry. Our comprehensive servicing manages all aspects of collecting payments and disbursing funds, eliminating the frustration of payment collections. We collect funds by electronic debit on the payment due dates and we disburse funds to you—Daily.
We collect payments directly from your clients bank account and send them to you.
We can help keep you compliant by holding your funds in trust until your work is completed.
We disburse your funds, daily, directly to your bank account.
We provide you with comprehensive statement of funds collected, amount disbursed to your company, servicing fees & escrow deposits.
24/7 secure access to Payment disbursement statements, payment histories, delinquent reports and projected cash flow reports.
Complete CRM software integration to prevent double data entry. Payment data is automatically sent & received.
BUILDING TRUST WITH AFFORDABLE PAYMENT OPTIONS
Most Student Loan Consolidation companies find that charging fees over several monthly payments helps build trust with clients. This approach demonstrates your commitment to solving their problems while offering affordable payment options.
HASSLE-FREE PAYMENT COLLECTION
With PAN’s payment servicing, you can set up an easy-to-afford payment schedule. Our system automatically drafts fees from your client’s bank account and sends email reminders before processing payments. Payments are deducted on the scheduled due date, ensuring you get paid on time.
Most Student Loan Consolidation companies find charging their fee with a few monthly payments, rather than a full fee, will help build trust with your client in addition to ensuring that they are working with someone who is both serious about solving their problem and able to offer affordable payment options.
Of course, you want to collect you’re the payments with as little hassle as possible. The easier you can make it for clients to pay you, the more likely you are to get paid—and get paid faster. With Bee Pay payment servicing, you can setup an easy to afford payment schedule and have your fees automatically drafted from your client’s bank account. Our system will also send email reminders before processing payments, ensuring deductions are made on the scheduled due date. Payments will be automatically deducted from your client’s bank account on their payment due date, and you get paid on time.
WHAT IS STUDENT LOAN CONSOLIDATION?
Student Loan Consolidation is a practical repayment tool that combines all your student loans into one master loan. This process reduces the pressure of multiple payments and usually results in an overall reduction in payments. People often apply for student loan debt consolidation to secure one low monthly payment, a lower or fixed interest rate, and avoid wage or tax garnishments.
STUDENT LOAN DOCUMENT PREPARATION
Student Loan Doc Prep companies prepare the necessary documents for filing with the Department of Education.
FULL ESCROW SERVICES
We offer full escrow services to student loan doc prep companies, helping secure your funds without violating consumer debt protection regulations.
Bee Pay is a platform powered by Bee Pay LLC. It focuses on providing compliant payment servicing solutions. Our goal is to streamline the process of handling payment collections and disbursements for both new and existing accounts, removing any frustrations along the way.
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