ECI Launches Multi-Lender, Online Consumer Finance Program

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Electronic Commerce International (ECI) launches ECI Consumer Finance, a multi-lender online financial platform that offers a spectrum of lending options for merchants and borrowing solutions for consumers.

With thousands of merchants and counting, ECI is the most secure and trusted processor in the marketplace.

With ECI Consumer Finance, merchants receive payments within 3 to 5 days of the sale with absolutely no risk, no reserve, and no financial recourse to them.

Electronic Commerce International (ECI), a registered provider of data security and secure, reliable Visa and MasterCard credit card processing for businesses, is proud to present: ECI Consumer Finance, its new multi-lender, credit based and no-credit based (retail, brick and mortar businesses only) online platform consisting of over twenty lenders.

Lenders can be mixed and matched to provide merchants with a solution that will accommodate prime, near prime, and sub-prime consumers. Multiple lenders provide a true ‘No Credit Check’ option for retail (brick and mortar and e-commerce) business for amounts up to $5,000. Approximately 70 to 80 percent of applicants are approved. If the full balance is paid off within 90 days, there is either no additional cost or minimal cost. No equipment is required.

The merchant enrollment and customer application process is as follows:

  • A merchant signs up for the program and is initially granted access to ECI’s Direct to Borrower Multi-Lender platform consisting of 5 to 7 lenders who will approve consumers with FICO Scores as low as 600.
  • With this platform, applications are typically processed within 15 minutes (Monday through Friday, 8am to 7pm EST).
  • If a consumer is pre-approved by one of the lenders, the consumer is provided with instructions on how to proceed, working directly with customer support until the loan is funded (typically 3 to 5 business days, depending on how quickly the consumer reacts to the stipulations provided).
  • Finally, the loan is funded to the consumer, who then pays the merchant.

If a merchant is applying for one or more Direct to Merchant Lenders, ECI will forward the appropriate Enrollment Package(s) to the Merchant once in the system. How quickly the Merchant responds to requests determines the length of the lending process. In addition to Enrollment Package, the Merchant may also be asked for additional documentation.

For more information regarding ECI Consumer Finance, please visit

Jim Anderson, CEO of Electronic Commerce International, states, “With ECI Consumer Finance, merchants receive payments within 3 to 5 days of the sale with absolutely no risk, no reserve, and no financial recourse to them.” ECI Consumer Finance is a win-win, with financial solutions for merchants and consumers.

ECI is ready for new customers to join the thousands of satisfied merchants today.

About ECI
Electronic Commerce International was founded in 2002 and is one of the fastest growing merchant account acquirers in the nation. ECI has quickly become a leader in the merchant bankcard industry by providing innovative and cost effective solutions and the most reliable services to merchants who accept electronic transactions for the payment of their goods and services. ECI has established business partnerships with a number of leading vendors.

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Jim Anderson
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