Bryt vs Frappe Lending

Bryt is a cloud-based loan management and servicing platform for lenders. It handles loan setup, payment tracking, borrower records, communication, and reporting through web access and an API. Users can configure loan terms, rates, fees, interest calculations, and schedules without development. Servicing tools track payments and delinquencies, apply fees, and update loan statuses. The Loan Payment Wizard handles scheduled or unscheduled payments, payoffs, waterfall allocations, interest accrual, and late fee calculations. Its CRM stores borrower profiles, payment histories, communication logs, documents, and servicing notes. Lenders can offer a white-labeled borrower portal with loan summaries, payment details, login access, and communication options. Reports cover loan performance, payments, delinquencies, and portfolio trends, and can be exported. Optional modules include ACH, NACHA, credit reporting integration, an API module, borrower and investor portals, and an accounting register. Bryt lists private, commercial, construction, consumer, mortgage, nonprofit, microfinance, CDFI, and other lenders among its intended users. Pricing is available on request; there is no free plan, but a 30-day trial is offered.

Frappe Lending is an open-source loan management system for financial institutions, NBFCs, and lenders. It covers loan origination, disbursements, repayments, and accounting, with support for home loans, business credit, consumer loans, term loans, and lines of credit. Users can define products with interest rates and repayment schedules, and track related collateral, guarantees, and securities. Described risk and compliance capabilities include days-past-due tracking, non-performing asset classification, and regulatory reporting. Integrated ledgers, invoicing, and tax handling are also included. Co-lending, loan transfers, custom workflows, and role-based permissions are supported. Frappe describes the system as customizable and API-first, with end-to-end REST API compatibility. Self-hosting is free under GPL-3.0. Frappe Cloud Sites cost $5 a month, billed onwards, with managed upgrades and backups on shared servers and no per-user pricing. Cloud access has a 14-day trial; a Frappe Cloud plan is required to continue afterward.