IRVING, Texas, Feb. 17, 2016 /PRNewswire/ -- SunUp Financial, LLC, (dba Balance Credit), a leading online lender to hardworking families and individuals, announced today it has expanded its consumer credit services by partnering with NCP Finance, the largest third-party lender in the U.S. operating under the Credit Service Organization (CSO) model in Texas and Ohio.
"This new partnership is an important next step for us," said Jason Hutton, CEO of Balance Credit. "By teaming up with NCP, Balance Credit will have significant growth potential in Texas and Ohio." Hutton continued, "NCP is very selective when partnering with new CSOs, which we feel further validates the deep experience of our management team, the quality of our proprietary lending platform, and our overall reputation in the marketplace."
"We are excited to welcome Balance Credit to the NCP portfolio of partners," said Stephen McAllister, CEO of NCP Finance. "I have known many members of the Balance team for years and have been impressed with their ability to deliver much needed credit services to families in need of alternative financing. We see this partnership as a natural fit, benefiting NCP, Balance Credit and ultimately the hardworking consumers we serve."
With this new partnership, Balance Credit -- a registered CSO in Texas and Ohio -- will now be able to refer potential customers to NCP, which will ultimately fund and service loans in these states in a similar manner to Balance's other lending partner, Bastion Funding. Balance Credit currently operates in eight states, including California, Idaho, Missouri, New Mexico, Ohio, South Carolina, Texas, and Utah.
Balance Credit is an online provider of unsecured personal loans and credit services that assist customers with urgent cash needs. Loans made available through Balance Credit are a quick and convenient alternative to payday and title loans.
About Balance Credit
Headquartered in Irving, Texas, Balance Credit (SunUp Financial, LLC) offers unsecured, personal installment loans and credit services to customers in need of a fast and convenient source of additional cash. Using advanced analytics and proprietary technology, the company helps customers across the credit spectrum gain access to loans currently from $100 up to $5,000 and with terms up to 36 months. The company is licensed and regulated in each U.S. state where it operates. Balance Credit's mission is to provide consumers a fast, secure and simple way to apply for loans and credit services at its website, balancecredit.com.
SOURCE Balance Credit