The Biz Core vs finPOWER Connect Comparison
Both platforms manage loans. But only one includes everything you actually need — without charging extra for it.
A Complete End-to-End System Integration
Traditional loan management ecosystems frequently rely on rigid, modular structures. This forces non-bank lenders to navigate segregated third-party components, handle custom development queues, or manage separate contracts just to unlock core customer-facing processes. Biz Core eliminates system fragmentation entirely.
Discover what our loan management software offers, and how Biz Core compares to finPOWER Connect’s similar software package.
Biz Core vs. finPOWER Connect: Inclusions vs. Add-ons and Extras
Many features Biz Core includes as standard require additional cost, configuration, or third-party add-ons with finPOWER Connect.
| Feature | Biz Core | finPOWER Connect |
|---|---|---|
| Origination & Applications | ||
| Borrower Application Form (Online loan application for beginners) |
Included | $15,000 |
| Borrower Portal (Account access for borrowers) |
Included | $30,000 |
| Complex Origination Workflow (Multi-step application processing logic) |
Included (Unlimited) | Not Included |
| Custom Workflows (Configurable logic to match your lending product) |
Unlimited | Up to 4 Only |
| Credit Enquiry Capability (Retrieve borrower credit data within the platform) |
Included | Not Included |
| Automated ID Verification (Identity checks built into origination) |
Included | Not Included |
| Bank Statement Integration (Real-time bank data for income & expense analysis) |
Included | Not Included |
| Documents & Compliance | ||
| Document Templates (Contracts, DD forms, collection letters) |
Unlimited | Not Included |
| Documents | Unlimited | Up to 8 Included |
| Electronic Signatures (Digital signing within the platform) |
Included | Not Included |
| Full Accounting Ledgers (Ledger-based financial accounting built in) |
Included | Not Included |
| Servicing & Collections | ||
| Standard Collections Workflow (Arrears management and recovery automation) |
Unlimited | Not Included |
| Web Services & Automation Framework (API access and workflow automation) |
Included | Not Included |
| Reporting & Infrastructure | ||
| Power BI Reporting (Visual dashboards and performance data) |
Included | Not Included |
| Hosting (Platform infrastructure costs) |
Included | $850/mo + $100 per 1k accounts |
| Contract Lock-in (Contractual obligations post sign-up) |
None | Required |
| Onboarding & Support | ||
| Onboarding Timeframe (Time from sign-up to go-live) |
4–6 Weeks (on average) | 3+ Months Typical |
| Onboarding Fee (Cost to get up and running) |
From $2,500 | Up to $100,000+ |
| Business Analyst Engagement (Dedicated BA support during setup) |
Included | 10 Hours Only |
| Post-launch Support (Ongoing platform support after go-live) |
Unlimited, including a 2-week hypercare period after going live | 12 hours provided over the first 3 months |
What You’re Really Paying For When Comparing Biz Core to finPOWER Connect
Comparing sticker prices ignores the real cost. Here’s where finPOWER’s modular pricing adds up fast.
| Cost Item | Biz Core | finPOWER Connect |
|---|---|---|
| Onboarding / Setup Fee | From $2,500 | Up to $100,000+ |
| Borrower Application Form | Included | +$15,000 |
| Borrower Portal | Included | +$30,000 |
| Hosting (per 1,000 accounts) | Included | $850/mo + $100 per 1,000 accounts |
| Business Analyst Support | Included (No Cap) | 10 Hours Only |
| Ongoing Platform Support | Unlimited | 12 Hours for the First 3 Months |
| Contract Lock-in | None | Required |
| Estimated Additional Cost to Match Biz Core’s Inclusions | $0 | $45,000–$100,000+ |
6 Essential Areas that Position Biz Core as Your LMS Choice
For established lenders considering switching their loan management system platform, a single feature is rarely the basis of their final decision. Ultimately, that decision comes down to time and cost. Confidence is also a key factor; the confidence that your platform will perform, that the team behind it will show up when you need them, and that the price you agreed to is the price you’ll pay.
These six areas reflect how Biz Core delivers on performance and saves you valuable time and cost in ways that other competitors do not.
Speed to Go-Live
Biz Core’s average onboarding runs 4-6 weeks for standard implementations, but can be as quick as 1-2 weeks. finPOWER Connect’s typical complex implementations stretch to 3-6 months, or possibly longer. Every week you’ve not gone live is another week of revenue you’re not generating.
Biz Core: 4–6 weeks avg. vs finPOWER’s 3+ months
True Cost of Ownership
finPOWER Connect’s base licence requires significant add-ons just to meet Biz Core’s principal functionality, and all at great cost. A borrower portal alone adds $30,000 to your purchase, while an application form adds $15,000. Hosting scales with your loan book, and support is rationed post-launch. With Biz Core, it’s all included from day one.
finPOWER Connect extras can easily exceed $100k in onboarding costs alone
No Lock-in Contracts
Biz Core doesn’t lock you into a watertight contract. You’re here because the platform works, not because an unbreakable agreement forces you to stay. finPOWER Connect requires contractual commitment. This matters when your lending model evolves.
Stay because the platform earns it. Not because you have to.
Local Team, Genuine Support
Biz Core is 100% Australian with a local support team. Once you go live, you get unlimited support, plus a dedicated two-week hypercare period. With finPOWER Connect, you get just 12 hours of support in the first three months after launch.
Unlimited support + 2-week hypercare at go-live
End-To-End, Not End-To-Almost
Biz Core covers the full lending lifecycle natively: from loan origination and loan servicing, to collections, payments, reporting, and accounting. It’s all done in one system and shown on one invoice. finPOWER Connect’s equivalents often require additional build or third-party integration.
One system. One invoice. One support team.
Pricing That Scales With You
Hosting costs with finPOWER Connect increase automatically as your loan book does, adding $100 per month for every additional 1,000 accounts. As your business scales, so does your bill. No matter how large and how quickly your loan book grows with Biz Core, our hosting is included regardless of volume.
Biz Core hosting: included. finPOWER Connect: $850/mo + $100 per 1000 accounts
Say Goodbye to finPOWER Connect and Make the Switch to Biz Core
When you compare Biz Core to finPOWER Connect, the numbers speak for themselves. Biz Core offer more included features, faster onboarding, no lock-in contracts, and all at a fraction of the total cost of using finPOWER Connect.
We’re happy to walk you through a live demo, answer tough questions, and show you exactly what’s included before you sign anything.
What is Biz Core?
Biz Core is a modern loan management platform that supports Australian lenders across the whole loan lifecycle. It helps them manage loan applications, lending workflows, payments, repayments and operational processes, all from one integrated and flexible system.
What type of business is Biz Core best for?
Biz Core is best known for being a full end-to-end Loans Origination & Management Software (SAAS) designed and priced to accommodate a wide range of Lenders. In addition, as a holder of a Direct Debit licence, another core part of Biz Core's portfolio is that of Payments Provider/Facilitator (including Cards) to those high-volume transaction-dependent businesses such as large Rental Agencies, Telcos and Sporting Clubs.
What happens after go-live — what does ongoing support look like?
Once your Biz Core implementation is live, you receive unlimited post-launch support with no hour cap, plus a dedicated two-week hypercare period immediately after go-live to resolve any early operational issues. This contrasts with finPOWER Connect's post-launch model, which provides just 12 hours of support across the first three months.
Biz Core's support team is 100% Australian-based, so you're dealing with people who understand local lending conditions and compliance requirements — not a remote help desk working to a ticket quota.