LoanKit is cloud-based lending management software that helps lending companies, cooperatives, and microfinance institutions manage borrowers, loan products, repayments, penalties, collections, and reports, all from a single platform.
For a lending company, the day-to-day is loan releases, daily or weekly collections, follow-ups on late payers, and month-end reconciliation. Doing that across notebooks, Excel files, and group chats is slow and error-prone. Money slips through the cracks, books never quite balance, and no one has a clear view across branches.
A proper lending management system pulls all of that into one place: a searchable borrower database, structured loan products, an automatic amortization schedule for every loan, payment recording that updates balances instantly, penalty accrual for overdue accounts, and reports that are always up to date. The result is fewer errors, faster collections, and books that reconcile themselves.
LoanKit covers the full lending lifecycle, from a borrower's first application to the final payment and the books behind it.
One searchable record per borrower: profile, IDs, contacts, loan history, and credit standing.
Applications, credit investigation, approval workflow, and loan release with printed disclosure.
Daily, weekly, semi-monthly, monthly. Flat or diminishing interest. Fees, savings, and terms per product.
Record payments in the office or the field; balances and schedules update instantly with receipts.
Automatic penalty accrual and an overdue/delinquents view so nothing is missed.
Per-collector worklists, assigned delinquent accounts, and field collection with GPS and photos.
Portfolio, collections, income statement, and per-branch reports, always up to date, printable to PDF.
Cooperative-style forced savings / Capital Build-Up tracked alongside each borrower's loans.
Runs in any browser, plus installable apps for collectors, investigators, officers, and borrowers.
Most lending software is generic and built for a Western market. LoanKit is built around how Philippine lenders actually operate: daily paluwagan-style collections, field collectors, cooperatives with member savings, and SEC/BIR paperwork.
LoanKit is not a spreadsheet with a nicer skin. It handles the messy realities of lending: partial payments, restructures, re-loans with credit limits, overpayments, multi-method payments (cash, GCash, Maya, bank), and per-branch access control so each office only sees its own borrowers.
It works offline in the field, syncs when signal returns, and installs to a phone's home screen without an app store, so onboarding a collector takes minutes.
| Capability | Excel / notebooks | LoanKit |
|---|---|---|
| Amortization schedule per loan | Manual formulas | Automatic |
| Balances update on payment | Manual | Instant |
| Penalty accrual on overdue | Manual | Automatic |
| Field collection app | No | Yes, offline-capable |
| Double-entry accounting | No | Built in |
| Multi-branch roll-up | Separate files | One dashboard |
| Audit trail | None | Every action logged |
| Data backup & access control | Risky | Automatic, per-branch |
Lending management software is a platform that helps lenders manage borrowers, loans, repayments, penalties, collections, and reporting in one system. It replaces spreadsheets and paper ledgers and gives owners a real-time view of their portfolio.
LoanKit is a cloud-based lending management software built specifically for Philippine lending companies, cooperatives, and microfinance institutions, with field collector apps, member savings, penalties, and BIR-friendly double-entry accounting.
Plans start at ₱499/month with a 14-day free trial and no credit card required. Pricing scales by staff, branches, and active borrowers.
Yes. It runs in any browser and installs as mobile apps for collectors, credit investigators, loan officers, and borrowers. Nothing to maintain; data is backed up automatically.
Yes. LoanKit supports owners, admins, managers, cashiers, credit investigators, loan officers, and collectors, each with role-based access and optional per-branch restriction.
Start free for 14 days. We'll help you migrate your data and set up your loan products.
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