Online loan application software
Online loan application software for lenders
LoanTabs lets your staff take and process loan applications online: capture the borrower's details and documents, send the application through your approval rules, and disburse, all in one system. A borrower self-service portal is planned but is not available yet.
30-day free trial, no credit card required. Last updated .
What is online loan application software?
Online loan application software captures loan applications digitally, keeps the borrower's details and documents together, and moves each application through review, approval and disbursement. It can be staff-facing, borrower-facing, or both. LoanTabs is staff-facing today: your team enters and processes applications online. A borrower self-service portal is planned but not yet available.
Many small lenders assume online loan applications means a public web form. In practice a large share of lending, especially in person, by phone or through agents, still starts with a staff member talking to the borrower. What those lenders need is not a form on a website but a fast, structured way to capture the application, so nothing is lost on paper and the approval trail is clear.
That is the model LoanTabs supports. Staff enter each application online, attach the documents, and send it through your approval rules. The result is an application record that everyone in the institution can see, rather than a sheet of paper or a chat message.
How a loan application moves through LoanTabs
From first contact to the money going out, in one system.
- Step 1
Capture the borrower
Add the borrower, either a person or a business, with contact details, ID number, custom fields and supporting documents.
- Step 2
Set up the loan
Choose a loan product, then enter the amount and term. A live schedule preview shows the repayments before you save. Save as a draft if details are missing.
- Step 3
Approve
The loan goes through the approval rules you set for the branch. Guarantors and collateral can be attached first. Every decision is logged.
- Step 4
Disburse and service
Once approved, disburse the loan. From then on, repayments, receipts and statements are all in the same record.
What the online application process includes
The parts of intake and approval that matter most to a lender.
Staff-side application entry vs a borrower self-service portal
Both are called online loan application software. They solve different problems, and only one is available in LoanTabs today.
| Staff-side entry | Borrower self-service portal | |
|---|---|---|
| Who enters the data | Your staff, with the borrower | The borrower, on their own |
| Best for | In-person, phone and agent-led lending | High-volume, fully remote lending |
| Data quality | Staff can check details as they capture them | Depends on the borrower and on validation rules |
| Available in LoanTabs | Yes, today | Planned. A self-service portal is not available yet |
What about KYC and credit checks?
LoanTabs records the borrower's ID number, lets you attach ID and security documents, and has a credit score field on the borrower record. It does not run automated identity verification or pull credit-bureau reports. If you use a verification service or a bureau, record the outcome and attach the evidence to the borrower's file.
Knowing your customer is a legal duty in many countries, and it varies by jurisdiction. The software gives you a structured place to keep the evidence; deciding what evidence you need remains your responsibility. Our guide to a KYC checklist for small lenders covers the common elements.
What to look for in online loan application software
Use this list to compare any product, including LoanTabs.
- Capture of borrower details, ID and documents in one record.
- A workflow with approval rules and a log of each decision.
- A repayment schedule preview before the loan is committed.
- Support for guarantors and collateral, not just the borrower.
- A way to import applications or borrowers you already hold.
- A clear statement of what is and is not available, including whether borrowers can apply themselves.
Online loan application software: common questions
Can borrowers apply for a loan online with LoanTabs?
Not yet. Your staff enter and process applications online. A borrower self-service portal is planned but is not available today.
Can I take loan applications online without a website?
Yes. LoanTabs is used by your staff in a web browser. You do not need to build or host an application form.
Does LoanTabs support digital signatures?
No. LoanTabs does not currently offer e-signature. You can attach signed agreements and documents to the borrower and loan file.
Can I approve loans online?
Yes. Loans follow approval rules set per branch and every decision is logged. Branch managers and admins always approve, and small teams can create and disburse in one step.
Can I import applications from Excel?
You can import borrowers by CSV, and borrowers, loans and payments together from the free Excel starter template.
Keep exploring
- Loan management softwareThe LoanTabs overview: what it does, who it is for and what it costs.
- Online loan management systemRun your loan book from any browser, with nothing to install.
- Loan software guideThe types of loan software, what each does and how to choose.
- Lending software and lending management systemsWhat a lending management system covers, end to end.
- Loan management software for small businessBuilt for small lenders: quick setup, small-team workflow, simple pricing.
- Loan management solutionSoftware, setup, migration, training and support in one solution.
- Loan origination and servicingApplications, approvals, disbursement, repayments and statements.
- Loan accounting softwareDouble-entry ledger posted from every loan and payment.
Process loan applications online with LoanTabs
Start a 30-day free trial and take your first application from intake to disbursement.