Arkansas Community Lenders Referral Program

In the ACL Referral Program, ASLA originates the loan in your bank’s name. This means, no servicing and no risk, just a simple way to increase your banks product line. And with some of the most generous benefits around, you can rest assured your customers are receiving the best, most affordable student loans in Arkansas. This program keeps Arkansas education loans in Arkansas where revenues will be reinvested in Arkansas students. Click here to learn about the many benefits ASLA provides to Arkansas citizens. This “turn key” approach to offering student loans may be just what you’ve been looking for. Contact us at 1-800-443-6030 for additional information on becoming a ACL partner in your community.

Secondary Market Services

As the state’s designated secondary market, your bank has the option to choose any level of participation in the Federal Family Education Loan Program (FFELP). ASLA’s Loan Purchasing Program ensures that funds for education loans will be continually recycled for the needs of future Arkansas students. Also, by selling your student loans to ASLA,  the original lender is relieved of the costs and risks associated with servicing and collecting student loans.

By choosing ASLA your bank can be assured that the loans you sell stay here in Arkansas to benefit Arkansas students hoping to attain a higher education. Please give us the opportunity to explain why working with your state’s designated secondary market is good for you and good for Arkansas. Contact us at 1-800-443-6030 for additional information.