Loandisk Pricing, Features, Reviews & Comparison of Alternatives

Loandisk

Loan origination and servicing for micro finance businesses

4.56/5 (18 reviews)

Loandisk overview

What is 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.
www.loandisk.com

Pricing

Starting from
$40/month
Pricing options
Value for money
View Pricing Plans

Devices

Business size

S
M
L

Markets

United States, Asia, Australia, Canada, Europe and 3 other markets, Latin America, Mexico, Middle-East and Africa

Supported languages

English
Loandisk screenshot: Loandisk disbursed loans overviewLoandisk Features VideoLoandisk screenshot: Loandisk admin dashboard Loandisk screenshot: Loandisk branch dashboard Loandisk screenshot: Loandisk loan overview

Loandisk reviews

Excellent
10

Very good
8

Average
0
Poor
0
Terrible
0
Value for money
Features
Ease of use
Customer support
  4.6
  4.6
  4.6
  4.6
otimeyin igbene

Great tool for your Microlending

Used daily for less than 6 months
Reviewed 2018-12-13
Review Source: Capterra

Excellent

Pros
The Dashboard analysis and the claculations on Portfolio at Risk. The entire software is quite Brilliant with its accounting integration.

Cons
Its been good so far

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Xander Lim

Secured Loan Software

Used daily for 6-12 months
Reviewed 2017-06-08
Review Source: Capterra

Secured and Functonal

Pros
I am a business owner of a start-up microfinance company in Philippines and my struggle before was to find a secured software that will assist me in managing my people in my business especially in terms of payroll and loans. What makes Loandisk secured is that I can set permissions for the staff role with limited access only. At the same time, the borrowers can have access to monitor their own loans safely just by using their personal login details.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 9/10

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Anonymous

‘Much more that what we expected’

Used occasionally for 6-12 months
Reviewed 2019-04-24
Review Source: Capterra

Supports management of the business efficiently at a reasonable cost

Pros
After installation of ‘Loandisk’, we started to realize how effective this is for Lending management. Everything is found in one software which is incorporated with an accounting feature too. All details of the borrower can be loaded into the system and it’s so easy to check the status of every investment with easy navigation. The feature to send a text message to the borrower makes it so easy to remind about the due installment. The report generating capabilities shows the status of lending, recoveries, savings, and collector’s performance, etc. at any given time. The security features also help in access to the system by authorized users with access at different levels.

Cons
Haven’t come across any issues so far. Situation may be different with different applications.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Sarah Peisch

My Opinion on Loandisk

Used daily for 6-12 months
Reviewed 2018-10-11
Review Source: Capterra

Pros
That it manages your pipeline for you - all of your clients/borrowers and their information.

Cons
Nothing I didn't really like about Loandisk.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 7/10

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Christopher Agocillo

Great for lending companies

Used daily for 1-2 years
Reviewed 2016-10-10
Review Source: Capterra

I never thought that it would be very easy to manage all my loans and borrowers. But this software has helped my do just that. I especially like the collection sheets. Makes it easier to chase borrowers. The team will assist you from the moment you sign up until you are fully familiar with the software. I would highly recommend it.

Pros
Collection sheets

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Loandisk pricing

Starting from
$40/month
Pricing options
Free trial
Subscription
View Pricing Plans

Startup version costs $ 40 per month for 1 member of staff
Business version costs $ 90 per month for 3 member of staff
Company version costs $ 160 per month for 8 member of staff
Enterprise version costs $ 240 per month for unlimited staff

Loandisk features

API
Accounting Integration
Accounting Management
Activity Dashboard
Audit Trail
Compliance Management
Customizable Reporting

Automatic Notifications (138 other apps)
Billing & Invoicing (157 other apps)
Data Import/Export (149 other apps)
Electronic Payments (143 other apps)
Expense Tracking (139 other apps)
Financial Analysis (109 other apps)
Invoice Management (202 other apps)
Invoice Processing (130 other apps)
Multi-Currency (136 other apps)
Real Time Data (136 other apps)
Reporting & Statistics (201 other apps)
Third Party Integration (160 other apps)
Workflow Management (121 other apps)

Additional information for Loandisk

Key features of Loandisk

  • Amortization Schedule
  • Auto Loans
  • Complex Debt Structures
  • Construction Loans
  • Customer Management
  • Exposure Management
  • Fee Management
  • For Finance Industry
  • Historical Loan Information
  • Loan Consolidation
  • Loan Processing
  • Loan Submission Control
  • Mortgages
  • Multi-Branch
  • Outsource Processing
  • Risk Management
  • Rules Customization
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