Loan management that works out of the box.
Finready is loan management for Australian consumer lenders. Set up in days, not months. Repayments, arrears and compliance are handled from day one. Simple to use and cost effective.
Every schedule, accrual and payout figure is exact. No rounding drift, ever.
Automated tests on the money engine.
The statutory rate cap, enforced in software as a hard stop.
Multi-tenant and ready for real-time payment rails from the first loan.
Everything in one place.
Loans, borrowers, payments, arrears and documents live in one system. Your team works from a single queue instead of five tabs and a spreadsheet, and every number on screen comes from the same ledger.
- One work queue for the whole servicing day
- Arrears derived live, not computed overnight
- Every figure traceable back to the ledger
Money moves itself.
Repayments, dishonours and reconciliation post automatically. Settlement outcomes arrive from real-time payment rails and write straight to the ledger, so there are no file uploads, no imports and no end-of-month reconciliation cycle.
- Repayments post the moment they settle
- Dishonours land in the work queue with the reason attached
- Disbursements carry double-pay protection
Compliance is enforced, not suggested.
Australian credit legislation is built into the engine. Every schedule is checked before it can be written, with a hard stop at the 48% cap. It is not a warning an operator can click through.
- Annual cost rate solved on the real schedule
- Rechecked every time the schedule changes
- SACC, MACC and AOCC rules applied automatically
Documents, straight from the ledger.
Contracts, statements and notices are generated from the same ledger that runs the book, so every figure on every document matches the account it describes.
Contracts
Generated from the approved schedule and sent to the borrower for digital signing.
Statements
Account statements derived from the ledger, with balances that reconcile by construction.
Notices
Arrears and account notices produced with figures taken from the live ledger, not a copy of it.
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, never silently absorbed.
Export from your current system
Standard exports are enough. No integration project required.
Import balance-forward
Each loan is rebuilt with its opening position, terms and remaining schedule.
Reconcile every loan, to the cent
Finready recomputes each loan and compares it to your book, per loan, per cent.
Commit only what reconciles
Nothing is written to the live ledger until it matches and you sign off.
Ready when you are.
See it running on your loan types.
A demo is the product itself, not a slide deck. We will walk your loan types through the engine, the payments and the ledger.
or write to hello@finready.com.au