Loandisk

About Loandisk

LoanDisk is a cloud-based loan origination solution, which assists microfinance businesses with managing customer loans and repayments. Key features include fee management, loan processing, automated messaging, predefined templates, account management, and reporting. The LoanDisk platform enables administrators to create borrower profiles, upload pictures and details using custom forms, and invite borrowers to view loans, repayments, and account balances. It allows managers to create loan products, define interest rates, add repayment cycles, specify penalties for late repayments, manage fee structures, and print loan statements and collection schedules. Plus, loan officers can process bulk repayments, restructure loans, manage loan files, and send bulk messages to borrowers. LoanDisk allows teams view loan-to-value registers, pending due loans, past maturity date loans, and period-wise overdue loans. Team members can access sample loan agreement templates to create customized agreements for customers. The system also generates reports on metrics such as balance sheets, collection statuses, cash flow projections, disbursements, and more.