Side by side
Finastra Loan IQ vs LoanCirrus
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.
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 IQLenders handling the listed consumer, commercial, mortgage, or other loan types should consider LoanCirrus for its payment scheduling, borrower portal, and API access. Its pricing includes both a required recurring base subscription and per-active-loan charges, which buyers should weigh against their needs.
Visit LoanCirrusThe facts
| Finastra Loan IQ | LoanCirrus | |
|---|---|---|
| Free plan | Not published | Not published |
| Open source | Not published | Not published |
| Runs on | API, Self-hosted, Web | Web |
| Lowest paid plan | Free or on request | Free or on request |
| Plans published | 1 | 2 |
| Maker | Not published | Not published |
| Website | finastra.com | loancirrus.com |
| On loan management software | #10 of 32 | #30 of 32 |
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.
LoanCirrus: what it does well
- Supports eight listed loan types and lending categories.
- Includes payment scheduling and a borrower portal.
- Provides API access.
- Active-loan pricing can scale down to US$0.10 above 500,000 loans.
What to know first
- Paid pricing requires a monthly recurring base subscription.
- Active-loan pricing is charged per active loan.
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