Loan management software (LMS) is the backbone of any loan operation. It helps streamline, automate, and optimize the entire lending process from origination to servicing.
Instead of spending thousands of dollars on custom software development and implementation, consider using a free version of loan management software for your business. These free open source solutions also come with an abundance of integrations with other third-party APIs so you can expand their functionality as needed. With that said, let’s take a look at top five free sources for loan management software.
