Its also known as HES Lending Software.
Multi-feature software that manages the complete life cycle.
- Loan origination,
- Loan servicing,
- Collection management,
- Targets include:
- Microfinance Institutions,
- Peer-to-peer lenders,
- POS Lenders,
- SME Lenders,
- Commercial Lenders and Banks
Loan Servicing
- Accounting Management
- Amortization Schedule
- Auto Loans
- Automatic Funds Distribution
- Borrower Management
- Business Loans
- Collateral Tracking
- Collections Management
- Compliance Management
Commercial Loan
- Asset Management
- Audit Trail
- Complex Debt Structures
- Dashboard
- Document Management
- Exposure Management
- Lead Management
- Pipeline Management
- Risk Management
- Trend Analysis
Pros
- Advanced features for advance lenders
- Suitable for any size of lenders
- Web based Version
- Highly customized for Microfinance, Peer-to-peer lending, POS Lending, SME Lending, Commercial Lending, Banks.
Cons
- Expensive starting from $25000.00/one-time
- Complex to use, require paid training
LoanBook
Loanbook is a simple lending system targeting simple lenders, provides essential loan portfolio management tools.
Some of industry served by Loanbook includes:
- Micro finance Industry
- Payday Lenders
- Peer-to-peer Lenders
- Individual Lenders
- Personal Loan Calculator.
Features include
- Loan Origination
- Loan Disbursement
- Loan Servicing
- Collection Management
- Electronic payments (Paypal and Cards)
- Reports and Analytics
Pros
- Easy to use
- Free to Get Started
- Excellent user support
- Multi-platform – Web, Windows, Linux, MacOS
Cons
- Lacks Advance features such as ACH payments, Fund Pooling, Escrow System, investor participation
- Suitable for small lender only
