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Funding a loan in many states is considered an escrow service and is regulated by State law. So how do you fund a loan using ZimpleMoney?
Once you have set-up your loan on the ZimpleMoney loan accounting system, the Lender (Payee) delivers the money, service or asset to the Borrower (Payer). So you can hand them a check, cash, send a wire or use any bank payment tools available.
Once you have set-up your loan on the ZimpleMoney loan accounting system, the Lender (Payee) delivers the money, service or asset to the Borrower (Payer). So you can hand them a check, cash, send a wire or use any bank payment tools available.