Built for Australian consumer lenders
Loan Management That Works Out of the Box
Repayments, arrears and compliance handled from day one. No setup project required.
Finready only onboards a select number of Australian lenders at a time.
Simulated preview of the live system.
To the cent
Every schedule, accrual and payout figure is exact. No rounding drift, ever.
287+ tests
Automated tests across the money engine, payment rails and servicing.
48% cap
The statutory rate cap, enforced in software as a hard stop.
Day one
Multi-tenant and ready for real-time payment rails from the first loan.
Platform
Everything in one place.
Loans, borrowers, payments and arrears in one system. Your team works from a single queue, and every number on screen comes from the same ledger.
- One work queue for the whole servicing day
- Arrears derived live, not computed overnight
- Statements, notices and letters generated from the same ledger
Work queue
Today · 4 open items
Active loans412
In arrears11
Due today$4,318.60
Dishonour: insufficient fundsLoan #1029 · reason attached · quote a catch-up in one click
$87.60
Action
Payout figure requestedLoan #1008 · discharge Friday · figure ready to send
$743.12
Ready
Disbursement readyLoan #1061 · settles in real time once approved
$2,100.00
Approve
Arrears follow-upLoan #0993 · one instalment behind · plan on file
$105.51
Scheduled
Example screen. Every item carries its reason and its next action, so nothing waits in an inbox.
Origination
From application to funded loan.
Finready takes care of your applications too. Hosted apply forms sit on your own site, applicants are phone-verified, and bank statements arrive analysed in the assessment view. Approve, and the loan boards into servicing already scheduled.
- Hosted application forms, embedded on your site
- Income, expenses and conduct in one assessment view
- Assessed to your credit policy, decided by your team
Applications
Today · 3 in flight
Started34
Verified21
To assess6
Bank statements inApp #2214 · 90 days retrieved · analysed on arrival
Ready
Assessment openApp #2209 · income, expenses and conduct on one screen
Review
Approved and boardedApp #2198 · now Loan #1062 · schedule live
Boarded
Approved applications board into servicing already scheduled. Nothing is re-keyed.
Payments
Money moves itself.
Repayments, dishonours and settlement outcomes post straight from real-time payment rails to the ledger. No file uploads, no imports, no month-end cycle.
- Repayments post the moment they settle
- Dishonours land in the work queue with the reason attached
- Disbursements carry double-pay protection
LIVE LEDGER
append-only · simulated
Compliance
Compliance is enforced, not suggested.
Australian credit legislation is built into the engine. Every schedule is checked before it writes, with a hard stop at the 48% cap.
- Annual cost rate solved on the real schedule
- Rechecked every time the schedule changes
- SACC, MACC and AOCC rules applied automatically
ACR CHECK · s32Binput: schedule as written
42.10%
OK
Contract writes.
47.63%
WARN
Inside the buffer below the cap. Flagged for review.
48.02%
BLOCKED
Contract refused. The statutory cap is a hard stop.
Recomputed on every schedule change, for the life of the loan.
Migration
Switching is not a leap of faith.
Finready imports your existing book balance-forward from your current system's exports, then reconciles every loan to the cent before anything commits. A loan that does not match is held out and flagged, not silently absorbed.
Migration preview
read-only until sign-off
249 loans imported247 reconciled to the cent
#0412
Reconciled to the centopening balance and remaining schedule match your book
$1,204.16
Match
#0533
Reconciled to the centpayout figure recomputed and confirmed
$612.40
Match
#0187
Held out: 3c varianceflagged for review, will not commit as-is
$918.75
Held
Nothing is written to the live ledger until every held-out loan is resolved and you sign off.
See it running on your loan types.
A demo is the product itself, not a slide deck. We walk your book through the engine, the payments and the ledger.
or write to hello@finready.com.au