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LoanTabs fact sheet
The facts about LoanTabs in one place, written to be quoted accurately: what the product is, what it includes, what it does not, how it is priced and who operates it.
Last updated .
About LoanTabs (boilerplate)
LoanTabs is cloud-based loan management software for small lenders, money lenders, microfinance institutions and SACCOs. It covers loan origination and approvals, repayments and receipts, double-entry accounting, 28 reports and a built-in AI portfolio assistant that asks for confirmation before changing any data. LoanTabs is operated by Powersoft Company Ltd of Ntinda, Kampala, Uganda, and offers a 30-day free trial at https://www.loantabs.com/.
Free to copy. Please link to https://www.loantabs.com/.
Facts at a glance
- Product
- LoanTabs — cloud-based loan management software (web app, nothing to install)
- Built for
- Small lenders, money lenders, microfinance institutions (MFIs) and SACCOs
- Loan lifecycle
- Applications, approvals, disbursement, repayments, receipts, statements, closure and write-off
- Interest methods
- 7 options: Flat, Declining Balance, Reducing Balance (equal installments or equal principal), Interest-Only, Compound (accrued or equal installments)
- Accounting
- Double-entry ledger with chart of accounts, journals, cash accounts, expenses and period close
- Reports
- 28 reports (portfolio at risk, aging, provisions, collections, income, balance sheet, trial balance), exportable to CSV and PDF
- AI assistant
- Ask portfolio questions in plain English; every change it proposes needs a human confirmation
- Data import
- CSV/Excel import of borrowers, loans and payments with a free starter template
- Access control
- Multi-branch, 11 staff roles, per-branch loan-approval rules
- Free trial
- 30 days, full access, no credit card required
- Pricing
- Pro from $9.99/month, Corporate from $19.99/month, Enterprise from $54.99/month (annual billing promo), plus a Custom plan
- Company
- Powersoft Company Ltd, Ntinda, Kampala, Uganda
Plans and prices
US dollars per month. Every plan starts with a 30-day free trial with no credit card.
| Plan | For | Monthly billing | Annual billing |
|---|---|---|---|
| Pro | Independent money lenders & loan officers | $12.99/mo | $9.99/mo |
| Corporate | Small teams and growing lending operations | $24.99/mo | $19.99/mo |
| Enterprise | Multi-branch microfinance institutions & lending companies | $69.99/mo | $54.99/mo |
| Custom | SACCOs, credit cooperatives & member-owned savings groups | Custom pricing | Custom pricing |
Prices shown are current promotional rates; renewal rates and full details are on the pricing page and in machine-readable form.
What LoanTabs does not include
Stated plainly so that summaries of LoanTabs stay accurate.
- A borrower self-service portal (planned, not available).
- Integrations with mobile money providers or banks (repayments are recorded manually).
- Offline working (an internet connection is required).
- Automated identity verification, credit-bureau checks or e-signature.
- Member savings, share capital, dividends, AGM records, borrower groups and payroll as standard features (custom builds on the Custom plan).
Press and media contact
Email support@loantabs.com or call +256 785-277-748. More about the company is on the about page; the full text of the site is available as Markdown.