LoanKit takes a borrower from application to approval to loan release, then hands off cleanly to servicing. It covers online applications, credit investigation, an approval workflow, disbursement, and the full repayment lifecycle, in one platform built for Philippine lenders.
Origination is where a lender's risk is decided. A messy origination process means loans go out with incomplete requirements, no record of who approved what, and no field verification. LoanKit gives every application a clear, auditable path from submission to release.
Borrowers apply through your online application form, or staff enter applications in the office. Each application captures the requested amount, term, product, and purpose, and lands in a review queue.
A credit investigator is assigned, visits the borrower, and uploads field photos (business, residence, and the borrower) plus a checklist, a score, and a recommendation, from their mobile app.
A manager reviews the CI's recommendation and gives final approval or declines with a reason. Every decision is recorded, so there's always a clear answer to "who approved this loan?"
On release, LoanKit generates the amortization schedule, computes net proceeds after fees, prints the disclosure, and starts the repayment clock, no manual schedule-building.
From release onward, payments (office or field) update balances instantly, penalties accrue on overdue accounts, and the loan appears in collections and reports, a clean hand-off from origination to servicing.
A public apply link per lender; applications flow straight into your review queue.
Field visits with GPS-tagged photos, a checklist, score, and recommendation.
Manager approval or decline with a required reason, fully audit-logged.
Auto schedule, net-proceeds calc, fee handling, and printed disclosure.
Credit-limit rules for re-loans and structured restructuring of existing loans.
Editable disclosure and contract templates that fill in borrower and loan details.
Software that manages creating a loan (from application, through credit investigation and approval, to disbursement), then hands it to servicing where repayments are tracked.
Yes: a public online application form per lender, plus in-office entry, both flowing into a review queue.
Application → credit investigator visits and recommends → manager approves or declines → staff mark released. Every step is audit-logged.
Yes: on release, LoanKit generates the schedule, computes net proceeds after fees, and prints the disclosure.
Start free for 14 days. Set up your products and approval flow with our help.
Start Free Trial