Easy to use loan management system designed to manage all customer loan data and repayments in one place, decreasing the amount of time spent on loan administration.

Features

  • Automated Repayment Processing
  • Support for new loan type
  • Automated reconciliation
  • Customized risk alert
  • Customer statement and management reporting
  • Flexibility to handle any interest methodology
  • Full set of customer service function
  • Collections & write offs
  • Easy loan set up
  • Fee management
  • Loan renewals/ top-ups
  • Early repayments
  • Ad hoc payments
  • Debit changes
  • Restructuring
  • Payment holidays

Supports Multiple Loan Options

  • Flat or declining balance interest
  • Daily/banking day/weekly/monthly repayments
  • VAT
  • Origination fees
  • Taxes and duties
  • Late payment fees
  • Early payment fees
  • Loan restructures and holidays