Bryt Software

Cloud-based automated loan management solution

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Bryt Software is a cloud-based automated loan management solution designed to streamline loan processes for lenders, CDFIs, credit unions, and financial institutions. With detailed reporting capabilities, including 1098 & 1099 generation, payment registration, and consolidated payments, users can gain valuable insights into their loan portfolios. The platform also provides pre-populated loan notices, such as payment requests & receipts, late notices, balloon payment reminders, and periodic loan summaries, helping to eliminate the risk of late payment issues. With flexible, modular pricing, Bryt ensures transparent and cost-effective solutions. Bryt Software empowers users to manage multiple loans simultaneously while maintaining a high level of security and compliance. Custom add-on modules cater to diverse borrower needs, making Bryt a comprehensive white-label solution for complex loan transactions.

Bryt Software is a cloud-based loan management platform that automates servicing, reporting, and borrower communications.

for: Lenders, credit unions, CDFIs, and financial institutions that need loan servicing automation.
pricing: paid · free trial

Key features

6 features of Bryt Software

Loan Servicing Suite — Track payments, delinquencies, fees and loan status from a single dashboard.
Contact Relationship Management — Maintain detailed borrower profiles, documents and communication logs centrally.
Custom Loan Configurations — Configure terms, rates, fees and schedules without development work.
Workflow Automation — Automate reminders, task scheduling and approval processes to reduce manual work.
Custom Reporting — Generate real-time performance reports and export them for audits.
Borrower Portal — White-labeled portal for borrowers to view loans, make payments and receive notifications.

Use cases

Automate payment processing and late fee calculations for a portfolio of consumer loans
Generate 1098/1099 reports and compliance documents for a CDFI
Provide a branded borrower portal for a credit union to reduce support calls

Bryt Software pricing

from brytsoftware.com ↗

Business Version$89.00/monthUp to 10 active loans · 1 user included · Modular add-ons at $40/month each · $1,000 setup fee (discounted to $500 with annual)
Professional Version$160.00/monthUnlimited active loans · 1 user included · All standard features included · $1,000 setup fee waived with annual