Lendbox Features
What are Loan Discounts and how to add them to a loan in Lendbox
Learn what loan discounts are and how to apply them to a loan in Lendbox. This tutorial covers the two types of discounts available, interest rate discounts and fixed amount discounts and walks you through how to add them to a borrower's loan.
How to Set Up Multi-Step Approval Workflows and Permission Systems
Learn how to set up and use approval workflows to ensure every loan, repayment, and journal entry is properly reviewed before it's finalised.
How to Record a Loan Repayment?
learn how to record a loan repayment — step by step. Once a repayment is logged, Lendbox automatically updates the loan's outstanding balance, payment history, and status, keeping your records accurate without any manual work.
How to Create Transactions in Accounting
Learn how to create accounts in the charts of accounts and record transactions
How to Create Loan Products and Loans?
How to Create Document Templates
How to Create and Configure Your Website?
Learn how to set up and configure your borrower portal in Lendbox. In this tutorial, we'll walk you through customizing your portal URL, setting up application fields, document requirements, and reviewing incoming loan requests.
How to Create a Borrower
How to Add Staff Members Efficiently With Role Management
Configure Automated Whatsapp, SMS And Email Notification Reminders
learn how to set up automated WhatsApp, SMS, and Email reminders so your borrowers stay informed and your team stays focused on what matters.
Optimize Your Lending Operations
Harness the power of AI-driven insights
- Real-time insights
- Utilize robust analytics to monitor performance, gaining actionable insights into borrower behavior and market trends for improved decision-making.
- Intelligent fraud detection
- Employ advanced AI technology to detect and prevent fraudulent activities swiftly, ensuring data integrity.
- Automated workflows.
- Streamline your operations with automation, allowing for faster approvals and smoother repayments. Optimize each step, from application to closing.
Everything you need to grow your lending business
- Fraud Detection
- AI-powered analysis of images and documents for potential fraud, automatically flagging suspicious activity.
- Credit Risk Score
- Utilizes artificial intelligence to generate risk scores for borrowers based on their creditworthiness and history.
- Unlimited Borrowers and Clients
- Add as many borrowers, additional income sources, expenses, files, comments, and custom fields as you need.
- Unlimited Repayments
- Record an unlimited number of repayments made by borrowers.
- Staff Roles and Permissions
- Define staff roles and manage permissions to control feature access and branch visibility.
- Borrower Portal
- Provide borrowers with a branded portal to log in and view their loans, statements, repayments, and receipts.
- Detailed Audit Trails
- Log and monitor changes within the platform to maintain compliance and ensure transparency.
- Email Borrowers
- Send emails directly to borrowers.
- SMS Borrowers
- Send SMS messages directly to borrowers.
- WhatsApp Notifications
- Send automated WhatsApp notifications to borrowers for important events and reminders.
- Automated Notifications
- Automatically send SMS and email alerts for events like loan creation, due date reminders, repayment confirmations, and more.
- Interactive Charts and Reports
- Access detailed reports and dynamic charts to analyze data.
- Unlimited Loan Products
- Offer flexible loan products tailored to different borrower needs and preferences.
- Loan Fees
- Set up fees that can be charged upfront or over the loan's duration.
- Late Payment Penalty Fees
- Configure penalties for late loan payments.
- Automatic Backups
- Data is regularly backed up to multiple global locations for security.
- 24/7 Support
- Get quick responses via email or schedule Google Meet sessions for training and assistance.
- Data Import
- Easily transfer existing data to Lendbox using Excel or CSV files.
- No Setup Fees
- Start using Lendbox without paying any setup fees—just the monthly subscription.
- Unlimited File Storage
- Store borrower and loan documents without worrying about storage limits.
- Secure Access Everywhere
- Access your data securely from any device, with real-time synchronization.
- Loan Performance Insights
- Analytics dashboard to visualize the performance of loans and identify areas for growth.
- Mobile Application
- Access all features through user-friendly Android and iOS applications for on-the-go management.
- Interactive FAQ and Help Center
- Provide a self-service knowledge base and frequently asked questions to enhance borrower understanding.
- Multi-Currency Support
- Support transactions in multiple currencies for international borrowing and repayment options.
- Accounting Feature
- Manage your lending business finances, track income, expenses, and generate accounting entries.
- Accounting Reports
- Generate detailed accounting reports for compliance and business insights.
- Loan Agreements and Contract Templates
- Create, customize, and manage digital loan agreements and contract templates.
- Borrower Groups
- Organize borrowers into groups for group lending, reporting, and management.
- API Integration
- Integrate Lendbox with your existing systems using a robust API.
- Custom Domain for Borrower Website
- Brand your borrower portal with a custom domain name.
- Portfolio-at-Risk Metrics
- Track and analyze portfolio-at-risk (PAR) metrics to monitor loan performance and risk.