Frappe Lending is an open-source loan management system for financial institutions, NBFCs, and lenders.
Alternatives to Lokta
Lokta is aimed at lenders handling the stages after approval: servicing, monitoring, collections and recovery across consumer, vehicle, home, property-backed, business and supply-chain loans. Its agents can propose actions, but a deterministic core checks policy and approvals before changes reach the ledger. It connects with payment rails, banking systems and lending partners, and can run in cloud, on-premises or a customer virtual private cloud. The Next 100 programme…
Apache Fineract is open-source financial services software for building a cloud-ready core banking system, including services for people who are unbanked or underbanked.
UnPay Loan Management System manages loan servicing from disbursement through repayment and closure.
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Shaw Systems Spectrum
Shaw Systems Spectrum is a web-based loan servicing and management platform for organizations handling varied credit products.
WebAPI6.5$50,000 one-time - 5
AFSVision
AndroidiOSWebSelf-hosted6.3 - 6

Bryt
Bryt is a cloud-based loan management and servicing platform for lenders, bringing loan setup, payment servicing, borrower records, communication,…
WebAPI6.3 - 7
Nortridge Loan System
Nortridge Loan System is configurable loan servicing software for managing the loan lifecycle, including collections, payments, workflows, and reporting.
WebAPISelf-hostedWindows6.3From $57 a month - 8
Enterprise!
Enterprise! is a commercial loan servicing platform for commercial real estate portfolios.
AndroidiOSWeb6.2 - 9

AllCloud Loan Management System
AllCloud Loan Management System manages the work that follows loan disbursement, including repayments, collections, accounting, and compliance.
AndroidiOSWebAPI6.0 - 10
TurnKey Lender
TurnKey Lender is web-based software for lending operations, with support for payment scheduling, a borrower portal, and API access.
AndroidiOSWebAPI6.0 - 11

Conduent Loan Manager
Conduent Loan Manager is a browser-based loan servicing and collections platform for auto, truck, powersport, marine, and unsecured credit products.
Web5.9 - 12
Margill Loan Manager
Margill Loan Manager automates loan servicing and administration, with tools for interest calculations, amortization, payment tracking, reminders, fees, and reporting.
WebAPImacOSSelf-hosted5.9 - 13
Square 1 Credit Suite
Square 1 Credit Suite combines commercial lending, credit analysis, workflow automation, and portfolio management for community banks and credit unions.
Web5.8 - 14

Benedict Servicing LFN
Self-hostedWindows5.7$3,500 one-time - 15

Canopy
Canopy is a cloud loan management system for commercial lenders and organizations building lending or credit products.
WebAPI5.7 - 16
Lenviq
Lenviq combines loan origination, servicing, accounting and RBI reporting for NBFCs in one cloud system.
AndroidWeb5.7 - 17
The Mortgage Office
The Mortgage Office is a cloud-based platform for managing loans from origination through payoff.
WebAPImacOSWindows5.6 - 185.5
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Mambu
Mambu is a cloud-native core banking platform for banks, lenders, fintechs, and other financial institutions.
WebAPI5.5 - 20
RealINSIGHT
RealINSIGHT is a cloud B2B platform for institutional commercial real estate lenders, investors, and servicers.
Web5.5 - 21
Finastra Loan IQ
Finastra Loan IQ is a commercial loan servicing platform for banks, third-party asset servicers, and private credit lenders.
WebAPISelf-hosted5.4 - 22

HES LoanBox
HES LoanBox is a lending platform that covers borrower onboarding, loan origination, servicing, management, and debt collection.
WebAPISelf-hosted5.3 - 23
LendFoundry Loan Servicing System
LendFoundry Loan Servicing System is a paid, cloud-based system for managing loans after origination through web and API access.
WebAPI5.3 - 24
Ned
Ned is a cloud-based, web-accessible loan management platform for launching and scaling small-business and commercial lending programs.
Web5.3 - 25
Peach
Peach provides API-first loan management and servicing infrastructure for lenders, fintechs, banks, and credit unions.
WebAPI5.3 - 26
FIS SyndTrak
Web4.8 - 27
LoanCirrus
Web4.8 - 28
4.6 - 294.4

