Frappe Lending vs Shaw Systems Spectrum
Frappe Lending
frappe.io
Shaw Systems Spectrum
shawsystems.comSide by side
| Figure | Frappe Lending | Shaw Systems Spectrum |
|---|---|---|
| Price from | $5/mo | — |
| Free plan | Yes | — |
| Free trial | Yes | — |
| Open source | Yes | — |
| Web | Yes | Yes |
| API | Yes | Yes |
| Self-hosted | Yes | — |
| Plans published | 5 | 3 |
| Spec score · Loan Management Software | 9.0 (#2) | 7.9 (#7) |
| Documentation depth | The documentation includes introduction, feature guides, migration instructions and endpoint-level API examples. | The Dealer Portal guide is a 140-page manual covering installation, configuration, security permissions, rules validation, properties and payment processing. |
| Integrations | The eKYC India app provides two-way Digio integration for Aadhaar identity checks, electronic signatures and webhook status updates. | The FAQ names payment processors, originations systems, dialers, omnichannel communications vendors, statement and letter printers, email services, customer portals, and DocuSign as integration use cases or partners. |
| Loan products | Administrators can define multiple loan products with configurable categories, rates, terms, fees, repayment rules and moratoriums. | The system supports simple-interest loans, revolving and non-revolving credit lines, multi-stage loans and precomputed loans. |
| Notable news | Frappe's 15 June 2026 v16 release added basic loan origination, lead management, Digio eKYC/e-signing workflows, loan import, optional accounting and new reports. | Shaw announced on January 2, 2024 that RabbitMQ was being used to enhance Spectrum enterprise integrations and distributed processing. |
| Support | Frappe says its engineers handle bug-fix support through support portal tickets, while functional support is excluded from Product Warranty. | Active clients can use a password-protected Solution Center, submit issues through JIRA, and call for after-hours emergency product support. |
| What it does | Frappe Lending is a loan-management system covering lending from origination or booking through closure. | Spectrum is Shaw Systems’ loan-servicing platform for managing servicing, collections, payments, lending CRM functions and related processes. |
Plans
Frappe Lending
- Self-hostFree
- Self-hostedFree
- Frappe Cloud Sites$5 a month
- Frappe Cloud Servers - Hetzner$20 a month
- Frappe Cloud Servers - Dedicated$60 a month
Shaw Systems Spectrum
- Shaw$50,000, paid once
- Shaw Systems subscriptionPriced on request
- SubscriptionPriced on request
In their own words
Frappe Lending
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.
Shaw Systems Spectrum
Shaw Systems Spectrum has no write-up on Specifiction yet; its figures are above.