The Biz Core vs finPOWER Connect Comparison
Both platforms manage loans. But only one includes the features you actually need — without charging extra for them.
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 completely eliminates system fragmentation.
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
With Biz Core, we include the features that you need. With finPOWER Connect, many of those features cost extra and require additional configuration and integration.
| Feature | Biz Core | finPOWER Connect |
|---|---|---|
| Origination & Applications | ||
| Borrower Application Form (Online loan application for beginners) |
Included | Add on/separate product (at extra charge). |
| Borrower Portal (Account access for borrowers) |
Included | Add-on/Separate product (at extra charge). |
| Complex Origination Workflow (Multi-step application processing logic) |
Included (Unlimited) | Base product available; complex customisation is a paid add-on. |
| Custom Workflows (Configurable logic to match your lending product) |
Unlimited | Included but capped. |
| Credit Enquiry Capability (Retrieve borrower credit data within the platform) |
Included | Included |
| Automated ID Verification (Identity checks built into origination) |
Included via third-party integration at no extra charge. | Via partner integration only – added charges and vendor contract may be required. |
| Bank Statement Integration (Real-time bank data for income & expense analysis) |
Included via third-party integration at no extra charge. | Via partner integration only – added charges and vendor contract may be required. |
| Documents & Compliance | ||
| Document Templates (Contracts, DD forms, collection letters) |
Unlimited | Included |
| Document Storage | Unlimited | Included |
| Electronic Signatures (Digital signing within the platform) |
Included | Via integration only – extra charge and work required. |
| Full Accounting Ledgers (Ledger-based financial accounting built in) |
Included | Not native – requires a separate Xero or MYOB subscription and integration. |
| Servicing & Collections | ||
| Embedded Payments | Included | Via partner integration only – added charges and vendor contract may be required. |
| Standard Collections Workflow (Arrears management and recovery automation) |
Unlimited | Base product included. Added customisations require a paid add-on. |
| Web Services & Automation Framework (API access and workflow automation) |
Included | Included |
| Reporting & Infrastructure | ||
| Power BI Reporting (Visual dashboards and performance data) |
Included | Not listed. |
| Hosting (Platform infrastructure costs) |
Included | Not included. |
| Contract Lock-in (Contractual obligations post sign-up) |
None | Yes. |
| Onboarding & Support | ||
| Onboarding Timeframe (Time from sign-up to go-live) |
1-2 weeks for basic implementations | Minimum of 30 days for base level Connect NOW tier. Higher tiers are not published. |
| Onboarding Fee (Cost to get up and running) |
From $2,500 | Custom-quoted, potentially tens of thousands of dollars. |
| Business Analyst Engagement (Dedicated BA support during setup) |
Included | Included but capped. |
| Post-launch Support (Ongoing platform support after go-live) |
Unlimited, including a 2-week hypercare period after going live | 3 hours per month (on Connect NOW tier). |
4 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 four 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 onboarding can be as quick as 1-2 weeks for basic implementations. The typical onboarding process for finPOWER’s entry-level tier Connect NOW takes a minimum of 30 days to get you up and running. Every week you’ve not gone live is another week of revenue you’re not generating.
Biz Core: 1–2 weeks. vs finPOWER’s 30 days
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 doesn’t disclose on its website if it requires a contractual commitment. This absence of transparency matters if and 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 receive unlimited support, along with a dedicated two-week hypercare period. With the finPOWER Connect NOW entry-level tier, you receive 3 hours of support a month. On the higher-level tiers, there is no public documentation or disclosure of how much post-implementation support you receive.
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 offers a broad native feature set alongside a partner integration ecosystem. Some capabilities (e-signatures, ID verification, bank statements) require third-party integration rather than native inclusion.
One system. One invoice. One support team. All with Biz Core.
Frequently Asked Questions
How will Biz Core help my business?
Biz Core is a fully integrated loan management and payment processing platform, all in one. We are an Australian-owned and operated software platform that enables you to manage all aspects of your customers’ loan lifecycles, from origination and servicing to loan book management. Unlike finPOWER Connect, which requires you to add on certain essential features at an extra charge, Biz Core includes them all in a single comprehensive package.
What type of businesses does Biz Core best suit?
Biz Core can be an effective loan management solution for established SACC and MACC loan providers in Australia.
Does Biz Core still provide support once we’ve gone live?
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 3 hours of support per month for its entry-level Connect NOW tier.
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.
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.
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