How We Operate
Silver Cloud Financial, Inc. provides an online short term loan service to consumers who are in need of cash and are not able or willing to go through the long lending processes and paperwork that many traditional banking institutions require for a loan. Our secure and hassle-free online loan process makes Silver Cloud Financial, Inc. an industry-trusted online lender.
- Complete your loan application and if you qualify, you will be approved within minutes. Qualification may include performing a credit check using a specialized credit bureau as well as verifying your personal and financial information.
- Upon approval by 4:30 PM EST Monday through Friday, money can be deposited electronically into your bank account through a secured ACH transfer by the next business day. If you need funds sooner, please ask us about our same day funding options. You may also choose to receive your funds by check.
- Our online loan process is secure and is based on federal and tribal regulations, and OLA guidelines.
How Our Loans Work
While a short term loan is not intended to meet long term financial needs, our loans offer a short-term financial resource that is designed to provide needed cash to you, quickly. Our loans are structured to be paid off by multiple installment payments on a set schedule. Each installment payment will lower your outstanding loan principal by an equal amount. In addition, each payment includes a fee based on the amount of principal you currently owe. There is no balloon payment at the end of your loan – when you make your last payment listed on your payment schedule, the loan will be completely paid off. Qualified returning customers may be eligible for rate discounts.
Our loan process is quick and simple. Your application can be completed online and signed electronically and, if you are approved, your funds can be deposited electronically into your account as soon as the next business day.
Repayment is also simple. You can repay your loan using our standard repayment schedule, you can pay additional amounts toward your principal on scheduled payment due dates, and you can pay off your loan in full at any time without penalty.
3 Easy Steps
1. Apply Online
You will need to provide certain information such as your name, address, age, employment and
banking information using our quick online application.
2. Upon Approval
If you are approved, you will be directed to sign your documents electronically. After you
have signed your loan documents, your application information will be verified to complete
the funding process.
3. Receive Your Money
Funds may be deposited electronically into your account as soon as the next business day or
you may have your funds mailed to you in the form of a check. Your choice!
Do you need money sooner? Same day funding may be available!
Call now or live chat with one of our loan specialists to learn more.
The benefits of a loan with us include
- A safe and secure transaction
- No hidden fees
- No prepayment penalties
- Multiple payment options
- VIP customer discounts and promotions