What is Bryt Software?
Overview
Bryt Software is a cloud-based automated loan management solution designed to streamline loan processes for lenders, CDFIs, credit unions, and financial institutions. With detailed reporting capabilities, including 1098 & 1099 generation, payment registration, and consolidated payments, users can gain valuable insights into their loan portfolios.
The platform also provides pre-populated loan notices, such as payment requests & receipts, late notices, balloon payment reminders, and periodic loan summaries, helping to eliminate the risk of late payment issues. With flexible, modular pricing, Bryt ensures transparent and cost-effective solutions.
Bryt Software empowers users to manage multiple loans simultaneously while maintaining a high level of security and compliance. Custom add-on modules cater to diverse borrower needs, making Bryt a comprehensive white-label solution for complex loan transactions.
- Loan Servicing Suite: Empower borrowers with customized solutions while decreasing overhead costs in accounts management.
- Contact Relationship Management: Provides users with a centralized database with an unlimited number of contacts for easy document and communication storage and access.
- Custom Loan Configuration: Add unlimited custom data fields for all loan types. The data is held securely and is always ready for use.
- Loan Payment Wizard: Simplify the lending process with pre-built processing modules. Businesses are empowered with tools to easily process payments, generate reports, and automate communication with contacts.
Bryt Software Pricing
The software offers three payment plans that can be further tweaked based on your business needs, number of active loans, and the users. Bryt Software’s plans start from:
- Business version at $59/month
- Professional version $130/month
- Enterprise version at $500/month
Bryt Software Integrations
The vendor offers custom third-party integrations, even with those loan management systems that don’t offer an API.
Who Is Bryt Software For?
The vendor offers its financial and lending services to a variety of industries and sectors, including:
- Education
- Automotive
- Healthcare
- B2B Manufacturing
- Construction Loan