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Best Loan Servicing Software

Compare the Top Loan Servicing Software as of October 2025

What is Loan Servicing Software?

Loan servicing software is a platform designed to manage the lifecycle of loans, from origination to repayment, ensuring that borrowers' accounts are properly maintained and all financial processes are in compliance with regulations. These tools help lenders automate tasks such as loan disbursements, interest calculation, payment tracking, and collections. Loan servicing software typically includes features for managing payment schedules, generating statements, handling delinquent accounts, and providing customer support. It can also offer reporting and analytics to monitor portfolio performance, loan defaults, and other key metrics. By automating loan servicing tasks and ensuring accuracy, these solutions improve operational efficiency and enhance the borrower experience. Compare and read user reviews of the best Loan Servicing software currently available using the table below. This list is updated regularly.

  • 1
    SBS Banking Platform
    Part of SBS Financing Platform, SFP Wholesale is designed specifically for financial organizations, of all sizes and budgets, who want to provide world-class asset lending. Leading with a SaaS first approach, it offers a low Total Cost of Ownership (TCO); has low set-up fees and low fixed costs through a ‘pay-per-use’ model. We further offer a tailored market package of standard third-party APIs, running on a highly available cloud service and include automated workflows.
  • 2
    Plaid

    Plaid

    Plaid

    Plaid Consumer Report helps lenders harness FCRA-compliant cash flow data, offering income insights, asset verification, and real-time account activity to power more confident decisions. By leveraging Plaid’s unique network insights, lenders gain a holistic view of borrower financial stability which can be used throughout the entire lending lifecycle. With a market-ready risk score - Plaid LendScore - financial institutions can underwrite more accurately, approve more qualified borrowers, and reduce losses with smarter, data-driven assessments.
  • 3
    Portfolio+

    Portfolio+

    Portfolio+

    Join Portfolio+, an ecosystem that connects customers with financial service providers for a personalized banking experience. Our consumer-directed banking platform and robust APIs provide bespoke financial services while safeguarding customer privacy. Secure and industry-proven financial software solutions. Let us help you drive business for tech-savvy, hyper-connected financial institutions. Our open banking ecosystem empowers customers as well as monetizes products of financial service providers. Our core banking platform ensures clockwork efficiency in transactions across the banking in Canada. We support our clients with training and consulting services for finance professionals to capitalize on fintech. Portfolio+ is at the forefront of the open banking movement in Canada and has been providing core banking services for 30+ years. Our team of finance and technology professionals develops innovative financial products and services.
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