Frappe Lending is an open-source loan management system for financial institutions, NBFCs, and other 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, while tracking associated collateral, guarantees, and securities. The system describes tools for 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. Its API-first design is customizable and documented as end-to-end REST API compatible. Frappe offers a free self-hosted option under GPL-3.0 and Frappe Cloud Sites for 5.00 USD per month. Cloud access includes a 14-day trial; continuing afterward requires a Frappe Cloud plan. Bug-fix support is handled through support tickets, while functional support is excluded from Product Warranty.
Who it is for
It suits financial institutions, NBFCs, and lenders seeking loan lifecycle and accounting capabilities in one system. Teams planning implementation can contact an official partner for consultation and implementation support.
What is good
- Covers loan origination through repayments and closure.
- Tracks collateral, guarantees, and securities.
- Includes ledgers, invoicing, and tax handling.
- Offers REST API compatibility and customizable workflows.
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 brings loan operations, accounting, risk tracking, and permissions together, with both self-hosted and cloud options. Review the cloud continuation requirement and support boundaries when choosing how to deploy it.
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
