AFSVision vs Finastra Loan IQ
AFSVision
afsvision.comFinastra Loan IQ
finastra.comSide by side
| Figure | AFSVision | Finastra Loan IQ |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | — |
| Android | Yes | — |
| API | — | Yes |
| Self-hosted | Yes | Yes |
| Plans published | 0 | 1 |
| Spec score · Commercial Loan Software | 8.0 (#2) | 7.3 (#6) |
| Spec score · Loan Management Software | 8.0 (#5) | 7.4 (#14) |
| Deployment | AFSVision Hosted Private Cloud is a cloud deployment designed for commercial, SME, and corporate lending, with private cloud security controls. | Loan IQ supports on-premises and container-based cloud deployment, with hosting available through Finastra Lending Cloud Service. |
| Founded | 1970 | 2017 |
| Headquarters | Exton, Pennsylvania, United States | London, United Kingdom |
| Integration | AFS describes its lending solution as having end-to-end integration with built-in APIs and web services. | Loan IQ Nexus connects Loan IQ with internal and external systems through open APIs maintained by Finastra. |
| Product | AFSVision is a fully integrated digital commercial lending servicing platform for financial institutions. | Loan IQ is Finastra’s commercial loan servicing platform for automating loan servicing and managing lending portfolios centrally. |
| Security | AFS lists data masking, role-based access, secure connectivity, security tool integration, and financial regulatory oversight controls among its safeguards. | Finastra says its Lending Cloud Service offers protection against security and technology risks. |
Plans
In their own words
AFSVision
AFSVision is commercial lending software for financial institutions, covering the loan lifecycle from origination and decisioning through closing, booking, servicing, recovery, and reporting. Its feature set includes workflow, accounting, exception handling, dashboards, and reporting across commercial, real estate, small-business and SBA, agriculture, capital-markets, and wealth-management lending. The accounting engine supports real-time sub-ledger processing, multiple balances and currencies, and interest methods including SOFR-based interest. Dashboards provide live pipeline visibility and can show workloads, assignment duration, aging work, and concentrations. Embedded workflows guide work through the loan lifecycle, while portfolio data is available in real time. AFS describes the product as cloud native and cloud agnostic, with public-cloud and hosted private-cloud options, as well as self-hosted access. Its integrations include built-in RESTful and DIY APIs, web services, and internal and external system connections. AFS was founded in 1970 and is headquartered in Exton, Pennsylvania. Pricing is on request; prospective customers are directed to schedule a demo.
Finastra Loan IQ
Finastra Loan IQ is a commercial loan servicing platform for banks, third-party asset servicers, and private credit lenders. It centralizes lending portfolios and supports onboarding, servicing, syndication, and trading across the loan lifecycle. Supported lending includes SME, bilateral, middle-market, complex, syndicated, SBA, asset-based, commercial real estate, project finance, and export finance loans. It handles payment-in-kind interest, non-pro-rata structures, unitranche facilities, and club deals. Payment scheduling, a borrower portal, and API access are available. Loan IQ Nexus links internal and external systems through Finastra-maintained open APIs. Deployment can be on premises or container-based cloud, with hosting through Finastra Lending Cloud Service, which uses Azure capabilities and OpenAPIs. Finastra describes built-in controls and automation for reducing errors and manual intervention. Preferred Active Support includes priority case management, dedicated experts, diagnostic sessions, and pre- and post-go-live checks. Pricing is on request.