Explore our loan management system features
Enquire nowBiz Core’s loan management and payment solution is built to service the particular needs of Aussie small to medium businesses.
Discover our loan management software capabilities
Learn about the features included in our complete online loan management system and how they can benefit your business.
Loan Origination
Get customers onboarded faster with fast processing, unlimited cloud storage, e-signatures, automation, and more.
Loan Servicing
Streamline the loan servicing process and keep things running smoothly. Our loan servicing features are built to save you time, money, and effort.
Loan Book Management
Our simple and intuitive system makes loan book management easy. Single-point customer records, payment automation, and cash flow visualisation are just the beginning.
Loan Lifecycle
A complete end-to-end lending platform to support you through every stage of the digital lending journey.
Why Use BizCore Online Loan Management Solution
Security
Your data is safeguarded using the multilayered Microsoft Azure Cloud Security. With built-in security controls and real-time global cybersecurity intelligence to rapidly identify and stop new threats.
Low Set Up Fees
Only pay for what you use. With low set-up fees and no monthly fees for features that you’ll never use. (credit back – first invoice is 99 once you reached that) as credit back
Easy Integration
No need for 3rd party solutions, we have the tools to integrate all phases of the loan process into one simple payment system.
Real-Time Control
Make live changes as you work. Real-time data to keep you in the know and in control.
Scalable & Flexible
Our payment processing solution is built to scale with you to meet your adapting business needs. So you know you’re secure for life.
PCI & DDC Compliant
Certified compliance for direct debit payment systems to keep your networks secure and cardholder data safe.
100% Aussie Owned & Operated
Our digital lending solutions are all done locally to meet your uniquely Aussie business needs.
Get your payments simplified today
When you’re ready to get started our friendly developers are here to help.
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Online payment processing FAQs
View all FAQsWhat is a loan management system (LMS)?
An LMS is a digital solution for lenders that moves every phase of the loan lifecycle onto a simple online platform. Loan management systems help to automate your business processes across all stages of the lifecycle. It’s particularly useful for small businesses looking to move from a paper-based or spreadsheet-based loan book into an integrated online environment.
What are the benefits of using a loan management platform?
A LMS can improve your business in so many ways, here are just a few of the features you can look forward to:
Streamline business processes
Transform paper-based records to a central digital system
Cloud-based platform with unlimited data and document storage
Easily manage client records
Get paid on time with automatic payments and missed payment notices
Keep track of applications, payments, and leads with automatic daily reports
Remove human error from the equation
Improve application turnaround rate
enhance the customer journey
What is loan origination software?
Loan origination software (LOS) allows you to manage and automate your loan life cycle from end to end – from onboarding customers, collecting documents, and credit checking, to underwriting, and funding. A loan origination system makes it easy to meet your regulatory lending requirements and provide your customers with the best application experience.
What is loan servicing software?
Loan servicing software packages, like Biz Core, help commercial and private lenders manage the post-settlement stages of the loan lifecycle. Within a loan servicing platform, you’ll typically find features such as repayment tracking, borrower communication, arrears management, reporting, document storage and workflow automation.
What is loan book management?
Loan book management is the ongoing administration of active loans. It includes loan management tasks such as tracking repayments, managing customer data, monitoring cash flow, and maintaining compliance. By using loan book software that automates management processes, lenders can maintain performance and reduce risk across their portfolios.
What is a loan life cycle?
The term “loan life cycle” refers to the journey of a loan. This begins from when a borrower submits their application to when the loan is repaid in full with interest. There are varying stages that make up the loan life cycle and it can differ between lenders. However, generally, the stages of a loan life cycle include:
Step 1 - A customer submits their application for a loan to the lender.
Step 2 - The lender appraises the application and assesses the eligibility of the applicant.
Step 3 - If the loan application is successful, a contract or terms and conditions will be sent to the customer to be signed.
Step 4 - Once a signed contract is in place, the funds will be dispersed to the customer.
Step 5 – Customer begins repaying the loan, with interest, in the agreed scheduled instalments.
Step 6 – Customer pays the last instalment, and the loan is settled. Any collateral will be lifted or returned during this stage.