Solutions · Money lenders
Money lending software that runs your business like an institution
Independent lenders and loan officers use LoanTabs to get organized fast: clean repayment schedules, professional documentation and a real system of record, without the overhead built for a 50-branch MFI.
30-day free trial, no credit card required.
What is money lending software?
Money lending software is a system that records each loan, calculates interest and repayment schedules, tracks payments and arrears, and produces receipts, statements and reports. It replaces notebooks and spreadsheets with one accurate record. LoanTabs suits independent lenders and small teams, starting with a single-seat Pro plan.
A money lender's problems are usually practical: who owes what, who is late, and whether the numbers agree. When the business is one or two people, everything lives in their heads and a file, which works until it does not. The Pro plan is scoped for a single branch and a single user seat: full loan origination, servicing and borrower management, at a price that makes sense for a solo operation. Our guide to starting and running a money lending business covers the wider setup.
Where money lenders get stuck
Repayments tracked in notebooks or spreadsheets
Repayment schedules are generated by frequency, with penalty types you apply consistently to overdue loans.
No clear record of who owes what
Every borrower, loan and payment lives in one searchable system of record.
Hard to look credible to borrowers
Professional loan statements, PDF receipts and document attachments borrowers can trust.
Interest math done by hand
Flat, reducing-balance, interest-only or compound interest calculated automatically, per loan product.
Not knowing who is late until it is too late
A delinquency worklist and a daily collection sheet show who to contact today.
No time for accounting
Loans, payments and expenses post to a double-entry ledger, with profit and loss and a balance sheet.
What is included
Everything you need, nothing you have to configure away.
How a money lender typically sets up
Most independent lenders start with one or two loan products, for example a short working-capital loan and a longer personal loan. Create each product with its interest method, fee and repayment frequency, then import your current borrowers and loans from Excel and check the balances against your records. From then on, new loans and payments go in the system and the reports build themselves.
If you are the only person using the system, an admin can create and disburse a loan in one step, so there is no approval queue to configure. As you add staff, add roles and per-branch approval rules. The small business loan software page walks through the setup in more detail.
How do money lending rules differ by country?
Money lenders work under different regulators in different countries. In Uganda the Uganda Microfinance Regulatory Authority oversees them, in South Africa the National Credit Regulator registers credit providers, Nigeria oversees money lenders state by state, India leaves lenders that are not NBFCs to state money-lender acts, and in Kenya the Central Bank oversees credit providers.
Each country guide names the regulators, credit bureaus and repayment channels, and shows how to set up LoanTabs for that market. The full list is on the loan software guide.
Loan software for money lenders: common questions
Is LoanTabs suitable for a solo money lender?
Yes. The Pro plan is one branch and one user seat, and an admin can create and disburse a loan in one step, which suits a solo lender.
Can I use LoanTabs for short-term and personal loans?
Yes. Define a product for each with its own interest method, fees, term limits and repayment frequency.
Can I print receipts for my borrowers?
Yes. LoanTabs produces PDF payment receipts and printable loan statements.
Can I match LoanTabs to the terms in my market?
Yes. Interest methods, fees, term ranges, repayment frequencies and approval rules are all set per loan product, so you can match the terms your market and your policy call for. See our guide to starting a money lending business.
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 money lenders: quick setup, small-team workflow, simple pricing.
- Online loan application softwareTake and process loan applications online, from intake to disbursement.
- Loan management solutionSoftware, setup, migration, training and support in one solution.
- Loan tracking softwareTrack balances, due dates and overdue loans, with an aging example.
- Loan repayment softwareRecord, allocate and receipt repayments, with a worked example.
- Installment loan softwarePersonal and small-business installment lending.
Move your lending off paper this week
Start a 30-day free trial, import your loans from Excel and print your first receipt.
No credit card required