EPIC Loan Systems Partners With Solutions By Text To Provide Lenders With Improved Marketing

EPIC Loan Systems, the industry's most powerful loan management solution, and Solutions by Text, a leading mobile marketing and communications provider, have partnered to deliver a technologically advanced set of mobile marketing and communication

EPIC Loan Systems, the industry's most powerful loan management solution, and Solutions by Text, a leading mobile marketing and communications provider, have partnered to deliver a technologically advanced set of mobile marketing and communication solutions for short-term lenders. This new partnership provides short-term lenders with text messaging services for marketing to prospects as well as billing reminders, collections, re-marketing to past customers and lead-generation.

The integration of Solutions by Text (SBT) servicing extends beyond simple implementation of text messaging. The company first approaches new accounts to ensure that a customer's Short Message Service (SMS, or "texting") policies and disclaimers are in compliance, and helping them update them accordingly. For short-term lenders, SBT campaigns are designed confirm accuracy of cell phone numbers, to reinforce customer service through the use of scheduled messages to reduce delinquencies, improve collections and re-approach past customers.

"Texting has quickly evolved into a preferred method of communication, especially for consumers under the age of 43," said Danny Cantrell, Solutions by Text CEO/Founder. "Because 94% of text messages are opened within 9 minutes of receipt according to Nielson research, this phenomenon has created a tremendous advantage over the use of traditional mail or email communications when implementing effective messages for Billing Reminders, Collections, Payments, Loyalty and Re- Marketing."

"Our clients recognize that customers with successful loan cycles are more likely to become the best sources for repeat and referral business," said Devon Cohen, President of EPIC Loan Systems. "Therefore, providing our clients with the ability to improve the overall customer experience through advanced communication campaigns will improve conversion rates, on-time payments, reduce collection costs and facilitate the growth of solid customer relationships."

About EPIC Loan Systems

EPIC Loan Systems was created by highly-experienced payday industry lenders who recognized the need for better, more efficient system technologies that could meet the rigors of today's more demanding economic, regulatory and online-based market challenges. The company is led and managed by an independent team of executives with more than 75 years of combined financial industry management experience. EPIC's end-to-end technological solutions have set a new standard for automating industry best practices and maximizing payday lender operational profitability. With a large team of full time developers and support staff in-house, EPIC is well equipped to ensure every client leading-edge systems performance and best-in-class service. For more information, please visit www.EPICloansystems.com or call 877-305-8742.

About Solutions by Text

Solutions By Text (a division of Marketing Response Solutions, founded in 1996) provides a comprehensive and technologically advanced set of marketing and management solutions. In addition to its text messaging programs for payday lenders, Solutions By Text provides mobile marketing programs for a variety of marketers including restaurants, retailers, fitness and security companies, golf courses, pawn shops, airlines, and for political campaigns. For more information, visit www.solutionsbytext.com or call 1-850-366-2888.

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Tags: lending, loan management, sms, Software, technology, texting


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