ELS provides your organization the ability to offer private student loans using our resources and expertise through the Custom Loan Source program. ELS has prepared all of the groundwork for a turnkey student loan program so that you don't have to! Our program features:
- Private labeled and customizable student loan program
- Typically up and running in less than 90 days
- Option to insure the portfolio
- Assists with future securitizations
- Lender of record provided
Let ELS develop your custom student loan program for you today!
Click here for more information on our services.
Introducing Custom Loan Source – a flexible, and custom alternative funding program for your families and students.
With the change in the industry and economy, ELS offers a smart solution to your student funding needs. Developed with the school in mind, our turn-key program benefits your office with ease of implementation and flexibility of terms.
Custom Loan Source Overview
As a school, you are relied upon to educate your students and families about solid options for financing their education. Custom Loan Source is a program offered by ELS to your institution that you customize and control.
Loan Offerings
School – Certified Private Loans
- K-12
- Undergraduate
- Graduate
- Health Professions
- Continuing Education
- Bar Loan
Flexible Terms and Financial Benefits
As the holder of the loan, your school:
- Determines loan approval credit criteria
- Has the ability to set spreads charged to borrowers
- Can set guarantee fees
- Can have repayment terms up to 20 years
- Can offer an in-school deferment option
- Pay minimal fees for servicing and administration
- Can provide electronic signature
How it Works
Custom Loan Source is a loan program offered by your school but supported completely by ELS and its affiliates – from software infrastructure to application acceptance, credit decisioning, disbursement, and loan portfolio servicing. Our financial modeling services are available to maximize your program design and returns based on your needs and demographics. Loans are originated by a third party lender and then purchased by your school.
Our implementation team can set the program up in 90 days or less with no modifications to our standard loan program terms. We are dedicated to a smooth transition and support of Custom Loan Source with a portfolio of reports, an extensive administrative system, and quality customer care for both your school and students.
Our standard loan products are also designed to allow selling into the secondary market, if desired, when market conditions indicate financial returns are acceptable.
For more information on the Custom Loan Source Program, contact us at (888) 335-6261 or or fill out contact form.
Introducing Custom Loan Source – a flexible, custom, and branded student loan funding program for your financial institution.
With the demand for student loans continuing to rise at a rapid rate, a great opportunity exists for
financial institutions to offer a needed product to a much-sought-after demographic.
ELS offers a smart solution to allow you to add student loans to your loan portfolio
with low risk and high return asset and without adding additional staff. Our turn-key program
benefits your company with ease of implementation and flexibility of terms.
Custom Loan Source Program Overview
As a trusted financial institution, you are relied upon to educate your customers about solid options for
financing an education. Custom Loan Source is a program offered by ELS to your
institution that you customize and control.
This is a great opportunity to diversify your portfolio with potential high returns on private student
loan assets and the potential to cross-sell your products to a younger demographic.
Loan Offerings
- K-12 Private Loan
- School – Certified Private Loan
- Undergraduate
- Graduate
- Health Professions
- Continuing Education
- Bar Loan
- Private Consolidation Loan
Flexible Terms and Financial Benefits
As the holder of the loan, your company:
- Determines loan approval credit criteria
- Has the ability to set spreads charged to borrowers
- Can set guarantee fees
- Can define repayment terms up to 20 years
- Can offer an in-school deferment option
- Pays minimal fees for servicing and administration
- Can provide electronic signature
How it Works
Custom Loan Source is a loan program offered by your organization but supported completely by ELS and its affiliates – from software infrastructure to application acceptance, credit decisioning, disbursement and loan portfolio servicing.
We have laid all of the groundwork for making private student loans so that you don't have to! We also provide years of
student lending experience, resources, and industry partners. Our financial modeling services are available to maximize
your program design and returns based on your bank needs and demographics.
Our implementation team can set the program up in 90 days or less unless extensive customization is
required. We are dedicated to a smooth transition and support of Custom Loan Source with a portfolio
of reports, an extensive administrative system, and quality customer care for both your bank and customers.
Our standard loan products are also designed to allow selling into the secondary market, if desired, when market conditions indicate financial returns are acceptable.
For more information on the Custom Loan Source Program, contact us at (888) 335-6261 or or fill out contact form.
Introducing Custom Loan Source – a flexible, custom, and branded student loan funding program for your credit union.
With the demand for student loans continuing to rise at a rapid rate, a great opportunity exists for
credit unions to offer a much-needed product to a much-sought-after demographic.
ELS offers a smart solution to allow you to add student loans to your loan portfolio.
Our turn-key program benefits your company with ease of implementation and flexibility of terms.
Custom Loan Source Program Overview
As a trusted financial institution, you are relied upon to educate your members about solid options for
financing an education. Custom Loan Source is a program offered by ELS to your
credit union that you customize and control.
This is a great opportunity to diversify your portfolio with potential high returns on private student
loan assets and the potential to cross-sell your products to a younger demographic.
Loan Offerings
- K-12 Private Loan
- School – Certified Private Loan
- Undergraduate
- Graduate
- Health Professions
- Continuing Education
- Bar Loan
- Private Consolidation Loan
Flexible Terms & Financial Benefits
As the holder of the loan, your company:
- Determines loan approval credit criteria
- Has the ability to set spreads charged to borrowers
- Can set guarantee fees
- Can define repayment terms up to 20 years
- Can offer an in-school deferment option
- Pays minimal fees for servicing and administration
- Can provide electronic signature
How it Works
Custom Loan Source is a loan program offered by your credit union but supported completely by ELS and its affiliates – from software infrastructure to application acceptance, credit decisioning, disbursement and loan portfolio servicing.
We have laid all of the groundwork for making private student loans so that you don't have to! We also provide years of
student lending experience, resources, and industry partners for you to take advantage of. Our financial modeling services are available to maximize
your program design and returns based on your intitution needs and demographics.
Our implementation team can set the program up in 90 days or less unless extensive customization is
required. We are dedicated to a smooth transition and support of Custom Loan Source with a portfolio
of reports, an extensive administrative system, and quality customer care for both your institution and customers.
Our standard loan products are also designed to allow selling into the secondary market, if desired, when market conditions indicate financial returns are acceptable.
For more information, contact Tracy Sniscak at (717) 385-3483 or
.