Loan Management System

Simple and flexible configuration

• Different interest calculation methods, such as fixed rate or declining balance.
• Easy setup for both short- and long-term loans.
• Ability to define grace periods and moratoriums.
• Compatible with both cumulative and progressive loan types.

Calendar and disbursement control

• Configure complex payment schedules with different frequencies (daily, weekly, monthly) to monitor loan status in real-time.
• Option to disburse loans in one or more stages, providing complete control over the process.

Delinquency and arrears management

• Tracking for late payments, automatic application of penalties, and alerts for overdue loans.
• Delinquency bucketing classification to categorize the status of arrears.

Tailored customization

• The lifecycle of each loan, from application to repayment, is managed through customizable workflows.
• Reports on loan performance to facilitate data-driven decisions.

Simplified communication

• Through API integrations, the system triggers automatic reminders and notifications via messaging providers, helping streamline the loan process.