Experience streamlined loan management with Bryt Software, a cloud-based tool that offers customizable tools for the lending process and improving customer relations. Bryt scales to meet the needs of small lenders or larger banks while ensuring proper security and compliance.

Bryt Software Specifications

Contact Relationship Management

Loan Servicing Suite

Custom Add-on Modules

Efficient Portfolio Management

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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
You can contact us for custom Bryt Software cost tailored to your requirements.

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 

Bryt Software Pricing

Business Version

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What's Included

  • Up to 20 Active Loans

  • Custom User Field Module

  • Custom Documents Template Module

  • Additional Modules are available as add-ons

Professional Version

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What's Included

  • Everything in Business plus:

  • Unlimited Active Loans

  • Impound/Escrow Module

  • Asset and Insurance Tracking Module

Enterprise Version

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What's Included

  • Everything in Professional plus:

  • 5 Active Users in base fee

  • Lender Service Module

  • Borrower Portal Module

  • Draw Disbursement Module

  • Account Register Module

  • NACHA Module

Bryt Software Reviews

Overall Rating

4.8

19 Review(s)

Rating Distribution

5

star

(15)

4

star

(4)

3

star

2

star

1

star

August 2024

Fantastic tech support !

Steve

Capital Markets

Ease of use

10

Value for money

10

Customer Support

10

Functionality

10

Pros

Bryt Software is easy to use, simple, packed with a wide range of helpful features and backed by excellent tech support.

Cons

No cons to mention.

January 2024

Great Product!

Amy

Real Estate

Ease of use

10

Value for money

10

Customer Support

10

Functionality

10

Pros

Bryt Software perfectly fits our requirements. Since we focus on Property Management we needed something to manage our loans, generate year-end statements and create tax documents. Bryt has fully met those needs.

Cons

I have no complaints to mention so far as the software has met all our needs.

May 2022

Bryt Review

Santino

Education Management

Ease of use

10

Value for money

10

Customer Support

10

Functionality

8

Pros

Bryt's customer support during installation was outstanding and we were able to get started in no time. The software is simple to navigate and automating key features has made our processes so much easier.

Cons

Up to now I have not faced any major issues with the software.

May 2022

happy with the move to this software

Abraham

Real Estate

Ease of use

10

Value for money

10

Customer Support

10

Functionality

10

Pros

We like how simple the software is to use. The customer service is exceptional as well.

Cons

We did like to see a more developed borrower management option. Borrowers should be able to view their loan history not just their payment options.

February 2022

30 day review

Janell

Real Estate

Ease of use

7

Value for money

8

Customer Support

10

Functionality

7

Pros

Even though our company is not in the loan servicing field, this software has made loan tracking far more manageable. The amortization schedule has been important for monitoring payments and staying in touch with borrowers about upcoming dues. While there have been some challenges customer service has been quick to address them and resolve any bugs.

Cons

Currently the program is not very flexible when it comes to recording payments. If you need to adjust a past payment you have to delete each payment before making the correction.

December 2021

Easy & Inexpensive Loan Servicing Software

Brian

Real Estate

Ease of use

10

Value for money

10

Customer Support

10

Functionality

9

Pros

Bryt is very simple and easy to work with. Plus its much more affordable than its competitors.

Cons

I did prefer if the ACH process for borrower payments was fully automated. I understand that feature is still developing

November 2021

Excellent Customer Service

Jennifer

Real Estate

Ease of use

10

Value for money

10

Customer Support

10

Functionality

10

Pros

Bryte customer support has been great. Before I made a commitment the team answered all my questions. Once I decided to go ahead the setup was quick and within 2 to 3 weeks, I was live with the product with no issues at all. On the few occasions I needed extra help, the team responded right away and provided great help. The customer service experience has been so positive that it made for a smooth and stress free transition.

Cons

I would like have the option to print invoices, schedules, etc directly from the software. Right now you can only print using the standard screen print option which is not built into the software. While the software being paperless has its benefits, with notices, payments and schedules emailed to clients, printing should be a built-in option.

September 2021

Great loan software!

Will

Professional Training & Coaching

Ease of use

9

Value for money

9

Customer Support

10

Functionality

10

Pros

The loan software is simple to work with and exactly what I needed. The customer service is excellent and responsive. Its quite efficient and includes all the features I require plus more.

Cons

I feel like it would be great to send notices on demand rather than just setting them to auto send or turning them off completely.

September 2021

BRYT's software and team have been valuable to our company to help us scale efficiently!

Mike

Real Estate

Ease of use

10

Value for money

10

Customer Support

10

Functionality

9

Pros

everything I need is brought together in one application. Plus they customized it to meet my specific requirements.

Cons

I did love to see features like e-signature integration, upgraded security and more loan application/origination tools. I know they are already working on some of these improvements.

August 2021

Bryt software saved the day!

Nathan

Government Administration

Ease of use

10

Value for money

10

Customer Support

10

Functionality

10

Pros

I like how simple it is to use and its highly intuitive with all the key functions our firm needs. We do not offer standard loans but we issue project-specific ones which are a bit unusual and Bryts solution was able to adjust. The installation and onboarding teams were and still are, valuable resources and I feel confident reaching out anytime and getting a response within a day. Since we do not use features like late payment calculations, loan origination or qualification processes, I cannot speak to how it handles more complex loan setups.

Cons

One issue is that some menus are buried very deep and there is no active grid view where I can manually enter payments for borrowers on a single screen. Automated payments would eliminate this need.