Bryt vs Ned
Bryt
brytsoftware.comNed
nedhelps.comSide by side
| Figure | Bryt | Ned |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | Yes | — |
| Open source | — | — |
| Web | Yes | Yes |
| API | Yes | — |
| Plans published | 3 | 1 |
| Spec score · Loan Management Software | 8.3 (#4) | 6.8 (#24) |
| Borrower portal | Bryt offers a white-labeled borrower experience with login access, payment details, loan summaries, and real-time communication options. | Borrowers can apply, upload documents, e-sign agreements, track application status, view balances and repayment history, and message the lender. |
| Headquarters | Palm Desert, California, USA | New York, NY, United States |
| Integrations | A custom API module can integrate third-party applications; the API module is not available in the free trial. | Ned says borrowers connect bank accounts through open banking integrations and that pricing includes integrations out of the box. |
| Security | Bryt says it uses Microsoft Azure hosting, column-level encryption for sensitive data, and HTTPS for web and API traffic. | Ned says it is SOC 2 compliant, encrypts data in transit and at rest, and uses role-based permissions and activity logs. |
Plans
Bryt
- Bryt Business VersionPrice not published
- Bryt Enterprise VersionPrice not published
- Bryt Professional VersionPrice not published
In their own words
Bryt
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.