Finastra Loan IQ

What Finastra Loan IQ is

Finastra Loan IQ is a commercial loan servicing platform for banks, third-party asset servicers, and private credit lenders. It automates servicing and provides a central way to manage lending portfolios across onboarding, servicing, syndication, and trading. Supported loan types include SME, bilateral, middle-market, syndicated, SBA, asset-based, commercial real estate, project finance, and export finance. It also handles transactions involving payment-in-kind interest, non-pro-rata structures, unitranche facilities, and club deals. The platform includes payment scheduling and a borrower portal, while Loan IQ Nexus connects it to internal and external systems through Finastra-maintained open APIs. Deployment options include on-premises and container-based cloud, with hosting available through Finastra Lending Cloud Service. Finastra says that service uses Azure capabilities and offers protection against security and technology risks. Preferred Active Support includes priority case management, dedicated experts, diagnostic sessions, and pre- and post-go-live checks. Pricing is on request. Finastra was formed in 2017 through the integration of Misys and D+H.