Frappe Lending is an open-source loan management system for financial institutions, NBFCs and lenders. It brings loan origination, disbursements, repayments and accounting into one system, and supports home loans, business credit, consumer loans, term loans and lines of credit. Lenders can define products with interest rates and repayment schedules, and track collateral, guarantees and securities linked to loans. The system describes automated days-past-due tracking, non-performing asset classification and regulatory reporting, alongside integrated ledgers, invoicing and tax handling. It also supports co-lending, loan transfers, custom workflows and role-based permissions. The product is API-first and customizable, with end-to-end REST API compatibility described in its documentation. Self-hosting is free under GPL-3.0; Frappe Cloud Sites cost 5.00 USD per month, billed onwards, with managed upgrades and backups on shared servers and no per-user pricing. Cloud access includes a 14-day trial, after which a Frappe Cloud plan is required to continue. Frappe provides bug-fix support through tickets; functional support is excluded from Product Warranty.
Who it is for
Frappe Lending suits financial institutions, NBFCs and lenders that need to manage loan operations and related accounting. Its API and customization options may suit teams connecting lending workflows to other applications.
What is good
- Covers origination, disbursements, repayments and accounting.
- Tracks collateral, guarantees and securities.
- Includes co-lending and loan transfer capabilities.
- Free self-hosted plan under GPL-3.0.
What to know first
- Cloud trial lasts 14 days.
- Continued cloud use requires a Frappe Cloud plan.
- Functional support is excluded from Product Warranty.
Verdict
Frappe Lending combines loan operations, accounting, risk tracking and compliance capabilities in one system. It offers free self-hosting or a paid cloud option, with functional support outside the Product Warranty.
Frappe Lending plans and pricing
All plansCompared on loan management software
- Free plan
- Yes
- Paid from
- $5/mo
- Deployment
- both
- Interest calculation
- both
- Payment scheduling
- Yes
- API access
- Yes
- Loan types supported
- home loans; business credit; consumer loans; term loans; line of credit
