Beannasofts Loan Management System (LMS) 1.4.9

Description

Beannasofts Loan Management System (LMS) 1.4.9 is a robust and versatile solution designed for mortgage companies, commercial lenders, credit unions, municipalities, private and institutional lenders, auto loan servicing, student loans, real estate loans, and more. This PHP-based system provides a comprehensive platform for managing the entire lending lifecycle, from loan origination to debt collection. It supports various loan types and interest calculation methods, making it an ideal tool for diverse lending needs.

Usability

The Beannasofts Loan Management System is designed to streamline and automate the online lending process, offering enhanced borrower evaluation, decision-making support, and lifecycle management. Its key features include:

• Borrower Management

  • Simplified handling of borrower information and loan applications.
  • Automated borrower evaluation for better decision-making.

• Loan Origination

  • Efficiently manage the initial stages of the loan process.
  • Collect and process borrower information for new loans.

• Debt Collection

  • Automated tools for tracking and collecting debts.
  • Comprehensive reporting on outstanding loans and payments.

• Interest Calculation

  • Supports multiple interest calculation methods, including mortgages, simple interest, revolving credit, and bi-weekly payments.
  • Flexible options to cater to various loan types and repayment schedules.

• User Roles and Management

  • Define and manage different user roles within the system.
  • Assign specific permissions to employees based on their roles.

• Financial Management

  • Track and manage payments, missed payments, and financial transactions.
  • Maintain a digital wallet for processing and recording financial activities.

• Communication Tools

  • Utilize built-in email templates for consistent borrower communication.
  • Manage messages and notifications within the system.

• Customization and Integration

  • Integrate plugins to extend the system’s functionality.
  • Customize the company setup to align with specific business requirements.

Key Modules

• Email Templates: Pre-designed templates for borrower communication.
• Borrowers: Manage borrower information and loan applications.
• My Wallet: Track and manage financial transactions and balances.
• Roles: Define user roles and assign permissions.
• Employees: Manage employee information and access.
• Loans: Handle loan origination, processing, and management.
• Messages: Communicate with borrowers and employees.
• Missed Payments: Track and manage missed payments and collections.
• Payments: Process and record loan payments.
• Plugins: Extend system functionality with additional plugins.
• Company Setup: Configure system settings to match business needs.

The Beannasofts Loan Management System provides a comprehensive, easy-to-use, and affordable solution for professional loan servicing, ensuring efficient management of the entire lending lifecycle.