Lenders are searching for a modern, technologically superior loan management system to automate key processes in today's transforming financial landscape. The need of the hour is for systems which are scalable, fast, flexible and agile while being cost-efficient. Loan management software allows you to distribute loans from origination to management to collections.
The loan management system simplifies and encourages the lending process by laying out all the details and information about the loan, including the months and years ahead of the load and the interest added every month. It helps improve efficiency, increase turnaround times and enhance customer service. Lenders today need a stable, scalable, flexible and quick-to-implement end-to-end loan management system. LoMaS is a real-time system that provides you every loan management function crucial to your business. It is designed for lenders to organize and catalog every loan made to a borrower, as well as collect the borrower’s data and information in a systematic manner.
Technology Used: C# .Net, MS SQL Server