Case Study: LoanWell achieves faster, automated loan origination and quicker ACH disbursements with Dwolla

Faster, More Automated Loan Origination With ACH & LoanWell

LoanWell is a fintech platform that helps community banks and credit unions modernize slow, manual loan origination processes so they can offer faster, more affordable small-business and consumer loans. To enable electronic disbursement and repayment over the ACH Network, LoanWell partnered with Dwolla and integrated Dwolla’s ACH payment API (including onboarding/KYC, sandbox testing, and support for Same Day and Next Day ACH).

Using Dwolla’s sandbox and clear API documentation, LoanWell built and tested its payment flows and integrated Dwolla’s ACH API in less than a month. Dwolla’s onboarding and facilitate model (not holding funds) plus customer-success support let LoanWell offer faster funding, flexible borrower payments, and replace checks/wires with Same Day and Next Day ACH—improving lender automation, borrower experience, and time-to-fund.

LoanWell

Bernard Worthy

CEO & Co-Founder