In the highly competitive world of alternative lending and merchant cash advance (MCA), efficiency is everything. Every minute spent reconciling transactions, chasing failed payments, or toggling among systems is a minute lost in scaling, improving margins, or focusing on growth. That’s exactly why the Actum Processing integration is one of the most compelling enhancements available to LendSaaS users today.
Below, we walk you through how Actum Processing works, what benefits it delivers, and why combining it with LendSaaS can supercharge your operations.
What Is Actum Processing?
Actum Processing is a payment processor focused squarely on ACH, real-time payments, and related transaction flows for businesses and software platforms. They offer APIs, batch uploads, portal-based transaction management, and additional features like identity verification and fraud protection.
They also support Same-Day ACH, weekend and holiday processing, and real-time payment (RTP) technologies—making them more agile than many legacy ACH providers. Their pricing model is equally compelling: a flat per-transaction fee, with no extra hidden costs for integration, support, or recurring billing.
In short: Actum is built for software platforms and fintechs that demand flexibility, speed, and modern payment rails.
How the Actum ↔ LendSaaS Integration Works (and Why It Matters)
LendSaaS already serves as a robust platform for origination, underwriting, servicing, and collections in the MCA / alternative lending space. The Actum integration layers seamless payment and settlement flows on top of that core platform.
Here’s how it typically works:
- Origination & Approval
You approve a merchant (or borrower) in LendSaaS. - Disbursement / Funding
Through the Actum API, you can instantly (or near-instantly) disburse funds into the merchant’s account via ACH or RTP.
Because LendSaaS and Actum talk natively via API, there’s no manual step, no export/import, and no reconciliation between disparate systems. - Repayment / Debits
On a schedule you define (daily, weekly, custom frequency), LendSaaS instructs Actum to pull the required amount (e.g., 5% of prior day deposits). Actum processes the ACH debit, returns a status (success, return code, etc.), and LendSaaS updates the merchant’s repayment schedule accordingly. - Reporting, Exception Handling & Resiliency
All transaction data, returns, failed payments, exposure, and credits flow back into both systems. You get full visibility in LendSaaS, while Actum maintains its own dashboards and logs.
Because Actum supports same-day, weekend, and even RTP flows, your funding and collections can operate without the constraints of traditional banking hours.
The net effect? A closed-loop, automated payments engine embedded directly into your lending workflow.
Key Benefits to Your Business (and Bottom Line)
1. Operational Efficiency & Time Savings
No longer will you juggle separate payment vendors or reconcile across multiple systems. Everything flows through LendSaaS, with Actum handling execution. That lowers friction, minimizes error risk, and frees your team for higher-value tasks.
2. Faster Capital Deployment & Reduced Latency
With support for same-day ACH and real-time payments (RTP), you can fund approved merchants almost instantly—even outside of banking hours. In fact, LendSaaS is the first MCA platform to leverage Actum’s RTP as part of this integration. Faster funding improves competitiveness and customer satisfaction.
3. Cost Predictability & Lean Pricing
Actum’s flat per-transaction pricing (with no hidden fees for integration, support, or recurring billing) makes it easier to model costs and optimize margins. You pay exactly for what you use.
4. Flexibility & Customization
Because Actum is API-first and built for software integrations, you can tailor flows, repayment frequencies, error paths, reversals, and more to your business rules.You’re not shoehorning your model into a rigid payments provider.
5. Better Risk & Exception Handling
Returned ACH transactions, declines, and failures happen. Actum provides real-time return codes (e.g., R01, R08) and status detail, so you can automate decision paths or remediation workflows inside LendSaaS.
6. Reporting & Transparency
You get unified visibility across disbursements, collections, returns, and reserves — all embedded in your LendSaaS dashboard. Actum’s portal adds another layer for cross-checking and auditing.
7. Scalability
As your volume grows, you don’t have to add new payment providers or bolt on systems. This integration scales with you. Actum is designed to support software companies and fintechs.
Use Case: Daily Deposit-Based Repayment (MCA Model)
This integration shines particularly in MCA-style lending, where repayment is tied to a share of the merchant’s daily revenue.
- Imagine you approve a $15,000 advance to a fast-casual restaurant.
- You arrange for the restaurant to remit 5% of daily deposits.
- Each morning, LendSaaS sends to Actum the prior day’s total, times 5%, and instructs a debit.
- Actum executes, returns success or return code, and LendSaaS updates the merchant’s balance.
- If a payment fails, you immediately get a return reason (e.g. insufficient funds), and can trigger retry logic, notifications, or collection escalation.
No manual steps, no file handoffs, and a tight loop between revenue and repayment. This reduces delayed or missed payments and keeps your cash flow aligned with merchant performance. LendSaaS
How to Get Started / Next Steps
- Activate the Integration in LendSaaS
On the LendSaaS API integrations page, you’ll find a configuration option for Actum’s ACH Bank API. LendSaaS - Set Up Your Actum Account & Credentials
Work with Actum to get the required credentials (Parent ID, Sub ID, system passwords, etc.). Their API Integration Guide gives onboarding details. - Configure Your Flows & Defaults
Define your funding rules, repayment frequencies, fallback behavior, retry strategies, etc. - Test in a Sandbox, Then Go Live
Use test mode first to validate flows end-to-end, then process real transactions. - Monitor & Iterate
Use the combined dashboards and logs to monitor declines, optimize your repayment structure, and scale. Actum also allows you to export reports and dig into anomalies in its portal.
Final Thoughts
In a business where speed, reliability, and automation can make or break your margins, the Actum Processing integration gives LendSaaS users a powerful differentiator.
By embedding payments directly into your lending workflow, you eliminate costly manual processes, reduce error rates, and accelerate capital deployment. Throw in support for same-day and real-time payments, flat and transparent pricing, and deep reporting — and it’s clear why this integration is more than just “another add-on.” It’s a strategic enabler.
If you’re already using LendSaaS, there’s no better time to bring Actum into your stack. If you’re evaluating lending platforms, this payments integration is one of the most compelling advantages that sets LendSaaS apart.
Reach out today to start using Actum with LendSaaS!
Leave a Reply