Finastra Loan IQ
5.4#9 in commercial loan softwareWebAPISelf-hosted
VisitFinastra Loan IQ vs LendingWise
LendingWise
6.5#1 in commercial loan softwareFrom $119 a monthWebAPI
VisitWhat both publish
| Fact | Finastra Loan IQ | LendingWise |
|---|---|---|
| Audience | Finastra says Loan IQ is used by banks, third-party asset servicers, and private credit lenders. | The platform is built for private and commercial lenders or brokers and supports loan types including bridge, fix-and-flip, rental/DSCR, construction, CRE, business funding, SBA, MCA, and equipment. |
| Company history | Finastra was formed in 2017 through the integration of Misys and D+H. | The company says it rebranded and launched the LendingWise LOS and CRM platform in 2017, after an earlier marketplace business began in 2006. |
| Founded | 2017 | 2017 |
| Product | Loan IQ is Finastra’s commercial loan servicing platform for automating loan servicing and managing lending portfolios centrally. | LendingWise describes itself as an AI-powered platform for the loan lifecycle, combining CRM, loan origination, servicing, draw management, fund management, and integrations. |
| Security | Finastra says its Lending Cloud Service offers protection against security and technology risks. | LendingWise says it is hosted 100% on AWS, aligned with SOC 2 and PCI compliance, and that customer data is encrypted and backed up daily. |
Finastra Loan IQ plans
- Finastra Loan IQPriced on request
LendingWise plans
- Starter Trial$119 a month
- Pro Trial$600 a month
- Elite Trial$1,595 a month
- EnterprisePriced on request
Pick Finastra Loan IQ if…
Loan IQ is aimed at banks, third-party asset servicers, and private credit lenders managing commercial lending portfolios. Its supported loan types and lifecycle coverage may suit organizations handling varied or complex facilities.
Pick LendingWise if…
You want what its maker publishes above — check its page for the details.