LoanBook

LoanBook: Open-Source Loan Management Software

LoanBook is an open-source loan management software designed to help individuals and small organizations track loans, record borrower details, loan amounts, interest rates, payment schedules, and more, with reporting tools for portfolio health monitoring.

What is LoanBook?

LoanBook is an open-source web-based application for managing loans, targeted towards individuals, small businesses, and non-profit organizations. It provides an easy way to track details on borrowers, loan amounts, payment schedules, fees, and interest calculations.

Some key features of LoanBook include:

• Recording borrower information like name, contact details, etc.
• Specifying loan details including amount, term, payment frequency, fees, interest rate etc.
• Automatically generating repayment schedules based on loan terms
• Tracking payments received from borrowers
• Sending payment reminders via email
• Generating reports on portfolio health - amounts owed, payments pending, delinquent loans etc.
• Exporting loan data to CSV/Excel for further analysis
• User access management allowing admins to add/edit other users
• Completely free and open-source software released under AGPL license

Overall, LoanBook aims to provide a simple yet powerful platform for individuals and organizations to eliminate paperwork and excel spreadsheets, and manage their lending programs more efficiently. With its focus on ease-of-use and automation of mundane tasks, LoanBook can save managers significant time and effort.

LoanBook Features

Official Links