Loan Management Software in Philippines

With a population of more than 100 million people, the Philippines is one of the most populous countries in the world. Undoubtedly, micro finance institutions and other financial institutions aim at reaching and providing financial loans to the population. Discussed are some of the lending software used by these institutions.

JeonSoft Corporation

JeoSoft (Phillipine)Loan Management System a.k.a JLMS is one of the leading loan management systems in Philippines. It was designed by JeonSoft Corporation for money lending institutions such as banks and micro finance institutions. The system is used to manage the whole loan process from creation of loan products to loan repayment. Consequently, this has eased up the entire loan process. Some of its features include; 

  • Unlimited number of users in the system
  • Repayment schedules
  • Loan writeoff
  • Calculate loan interest
  • Loan disbursement
  • Interest rate calculation

For more on the JLMS visit: https://www.jeonsoft.com/philippine-loan-management-system

Loanbook

Loan Book is one of the simplest lending applications designed to meet the needs of small and medium  lenders such as micro finance institutions and peer to peer. The application is free for download for Windows, Linux and Web, hence no set up fee is required. Additionally, the application is free for one user, however, more users are billed $25 monthly.

Features include;

  • Client registration
  • Loan application
  • Calculating loan interests and penalties
  • Loan disbursement
  • Loan repayment schedule
  • Printing out reports
  • Debt collection

For more details check out https://loanbook.io/

Loandisk

Loandisk is an online loan management system developed for micro finance and lending institutions. On top of managing loans, it can be used by HR for employee management. Some of its loan management features are;

  • Signing up clients
  • Create Loan products
  • Set grace period,  charges and interest rate
  • Loan appraisal and disbursement
  • Text reminders to borrowers

Visit https://www.loandisk.com/ for more on Loandisk

JMB Lending

The JMB Loan Management System is a web solution designed for both small and corporate lenders. It can be accessed through all browsers and almost all kinds of mobile devices provided there is availability of internet. Additionally, there is no set up fee hence affordable for all. Features include;

  • Unlimited users and branches
  • Client Accounts
  • Loan processing
  • Retrieval of deleted accounts
  • Loan repayment

For more;https://www.jmblending.com/

INFOMAN (Savings and Loan Manager)

INFOMAN has spent more than 10 years developing software solutions for companies in  the Phillipines. Among the solutions is the Savings and Loan Manager. This is a comprehensive on-line software system for automating savings and loans’ front and back office activities.

The system’s features are;

  • Member Information Management
  • Loan Management (Loan application, disbursement and repayment)
  • Loan Product Set up; Interest, Charges 
  • Payment reminder notifications through SMS

To read more on INFOMAN, visit http://www.infomaninc.com/