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Discover our loan management software capabilities

Learn about the features included in our complete online loan management system and how they can benefit your business.

 

 

Loan Origination

Get customers onboarded faster with fast processing, unlimited cloud storage, e-signatures, automation, and more.

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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.

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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.

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Loan Lifecycle

A complete end-to-end lending platform to support you through every stage of the digital lending journey.

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Why Use BizCore Online Loan Management Solution

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.

No Set Up Fees

Only pay for what you use. With a $0 set-up fee and no monthly fees for features that you’ll never use. (credit back – first invoice is 99 once you reached that) as credit back

Easy Integration

No need for 3rd party solutions, we have the tools to integrate all phases of the loan process into one simple payment system.

Real-Time Control

Make live changes as you work. Real-time data to keep you in the know and in control.

Scalable & Flexible

Our payment processing solution is built to scale with you to meet your adapting business needs. So you know you’re secure for life.

PCI & DDC Compliant

Certified compliance for direct debit payment systems to keep your networks secure and cardholder data safe.

100% Aussie Owned & Operated

Our digital lending solutions are all done locally to meet your uniquely Aussie business needs.

Online payment processing FAQs

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What is the difference between direct debit and recurring payments?

Direct debit and recurring payments are both automated payment methods, but they differ in structure and control. Direct debit allows businesses to withdraw money directly from your bank account, often varying in amount based on the bill and can take a few business days to process. Whereas, recurring payments involve a set amount that you authorize to be charged at regular intervals, like a monthly subscription. These payments are usually easier to set up and process more quickly, as they’re often linked to credit or debit cards. Essentially, direct debit is a broader category, while recurring payments are a specific use case within that framework.

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

Why 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.

    Are recurring payments automatic payments?

    Automatic payments can encompass various types of transactions, including recurring payments, one-time payments, and instalment payments. However, recurring payments specifically refer to transactions that occur on a recurring basis, typically with a fixed amount charged at regular intervals until the customer cancels or modifies the arrangement.

    Why do recurring payments fail?

    Recurring payments can fail for various reasons, including:

    Insufficient funds

    Expired or invalid payment information

    Payment gateway issues

    Bank or card issuer restrictions

    Account holds or restrictions

    Billing address mismatch

    Payment authorisation issues

    Subscription cancellations or changes

    System or software errors

    Communication failures

    To mitigate recurring payment failures, businesses should ensure that they have a comprehensive payment processing system in place, like Biz Core.

    Contact us today for a free live demo and for more information on how we can help your business streamline your payment processes.