Side by side
Finastra Loan IQ vs Frappe Lending
Both stand on loan management software. Which one you can start free with, which one lets you read the code, and what each costs once you pay.
Paid APISelf-hostedWeb
Choose Loan IQ if your organization needs a commercial loan servicing platform spanning multiple loan types and the lending lifecycle. Its complex-transaction support and deployment options are useful reasons to consider it; buyers who need a published price should look elsewhere.
Visit Finastra Loan IQ
Free plan Open source APISelf-hostedWeb
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.
Visit Frappe LendingThe facts
| Finastra Loan IQ | Frappe Lending | |
|---|---|---|
| Free plan | Not published | Yes |
| Open source | Not published | Yes |
| Runs on | API, Self-hosted, Web | API, Self-hosted, Web |
| Lowest paid plan | Free or on request | Frappe Cloud Sites: $5 a month |
| Plans published | 1 | 5 |
| Maker | Not published | Not published |
| Website | finastra.com | frappe.io |
| On loan management software | #10 of 31 | #2 of 31 |
Finastra Loan IQ: what it does well
- Supports a broad range of commercial loan types.
- Covers onboarding, servicing, syndication, and trading.
- Handles payment-in-kind interest and other complex structures.
- Includes payment scheduling, a borrower portal, and API access.
- Offers on-premises and container-based cloud deployment.
What to know first
- Pricing is available only on request.
- The listed platforms are API, self-hosted, and web.
Frappe Lending: what it does well
- 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.
Alternatives to Finastra Loan IQ Alternatives to Frappe Lending The whole list