Complete loan servicing software for private lenders
Automate your entire lending process with Biz Core’s complete LMS.
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Service a range of loan types
Whether it’s personal loans, commercial loans, equipment loans, construction loans, or any other kind, Biz Core’s LMS is fully equipped with the tools to grow your business.
Simple loan servicing software for private lenders
Built for private lenders in the Australian financial industry, Biz Core is here to provide you with a complete loan servicing and processing solution.
Biz Core supports private lenders to:
- Save time, money, and effort all while providing a better lending experience for customers.
- Streamline the loan process by identifying and removing bottlenecks leading to faster loan turnaround times.
- Manage their entire portfolio on a simple digital platform. The system and data are accessible at any time from anywhere and updates occur in real-time.
- Eliminate slow and messy paper applications in favour of fast, accurate, and secure digital applications.
Loan lifecycle automation
Everything a fixed rate or variable rate loan lender needs in a loan servicing software. From start to finish, you will have the tools you need to service each stage of the loan lifecycle.
Process automation tools for fixed rate & variable rate personal loan lenders include:
- Payment scheduling and processing
- Automatic SMS/email notifications and alerts
- Daily reports
- Workflow automation
- Loan status updates
- Customer contact history
- Manage entire portfolio
- Collections management
Improve customer experience
Digitising your loan book as a private lender gives you more time to provide the best customer service in the lending industry. Biz Core’s simple user-friendly system allows your team to stay on top of everything and work more efficiently.
Take advantage of the Client Portal and allow customers to sign-in and check their loan payments themselves. So you don’t need to field questions about scheduled payments, transactions, and remaining loan balance.
Integrated payment processing
Collect automatic recurring payments with ease. With e-signatures and prefilled API information from your online application form, setting up automatic payments is simpler and more secure than ever for both you and your customers.
And by setting up automatic recurring payments with your customers, your business will benefit from a steady, reliable cash flow. You’ll be able to monitor and track your revenue with up-to-date reports, data dashboards, and a forecast of scheduled transactions. Plus, offer your customers more payment choices with flexible payment plans – weekly, fortnightly, or monthly.
Document storage & data security
Managing document storage and data security effectively is important so that you can build trust with your customers and your business can operate securely.
At Biz Core, we have you covered with our state-of-the-art security infrastructure powered by Microsoft Azure. Our cloud-based SaaS will ensure collecting, processing, and storing customer information is secure and easily accessible.
Contact Biz Core today to find out how we can keep you and your customers secure.
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Why use Biz Core loan servicing software for private lenders
Security
Your data is safeguarded using the multilayered Microsoft Azure Cloud Security. With built-in security controls and real-time global cybersecurity intelligence to rapidly identify and stop new threats.
Improve organisation & consistency
With a built-in workflow process your staff and clients can rely on an efficient, pain-free application assessment and approval process.
Eliminate human error
With a seamless and automated process to follow you don’t have to worry about data entry mistakes holding you back. Increase trust in your business management and processes by tracking every step.
Data visualisation & daily reports
Track your daily applications, transactions, and leads. And view your monthly revenue all on the same page.
Easy Integration
No need for third party solutions, we have the tools to integrate all phases of the loan process into one simple management system.
Real-Time Control
Make live changes as you work. Real-time data to keep you in the know and in control.
Loan management software for small the medium-sized lenders
Our client-centred approach means that our lending software has been built around your needs and the needs of your customers. So it’s easy to use and ready to be tailored to your specific needs. With an adaptable and scalable lending management solution that will help your business reach new heights.
Loan Life Cycle
A complete end-to-end lending platform to support you through every stage of the digital lending journey.
Loan Book Management
Our simple and intuitive system makes loan book management easy. Single-point customer records, payment automation, and cash flow visualisation are just the beginning.
Loan Servicing
Streamline the loan servicing process and keep things running smoothly. Our loan servicing features are built to save you time, money, and effort.
Loan origination
Get customers onboarded faster with fast processing, unlimited cloud storage, e-signatures, automation, and more.
Loan origination software FAQs
View all FAQsWhy use a loan servicing platform as a private lender?
Loan servicing software is about empowering private lenders to:
Save your business time, money, and effort all while providing a better lending experience for your customers.
Streamline the loan process by identifying and removing bottlenecks leading to faster loan turnaround times.
Manage your entire portfolio on a simple digital platform. You can access the system and data from anywhere and updates occur in real-time.
Eliminate slow and messy paper applications in favour of fast, accurate, and secure digital applications.
By choosing the right loan servicing platform, your business can be adaptive, successful, and long-lasting. Contact us today to find out how Biz Core can help your business excel.
What kind of software do NBFCs use to manage lending processes?
What kind of software do NBFCs use to manage lending processes?
Non-bank financial companies (NBFCs) need a software solution that will assist them with every stage of the lending process. The right loan management software will assist with:
Loan origination
Loan servicing
Loan repayments
Customer management, including collateral management
And it should also offer:
A user-friendly CRM system
Seamless integration
Comprehensive reporting and analytic capabilities
Technical support
An intuitive system with an easy onboarding process
Secure cloud storage