--- title: "Lendsqr Software Pricing, Alternatives & More 2026 | Capterra" description: "With the help of Capterra, learn about Lendsqr Software - reviews, pricing plans, popular comparisons to other Loan Servicing products and more." source_url: "https://www.capterra.com/p/10003412/Lendsqr/" page_type: "product" language: "en" --- # Lendsqr Software Review 2026: Features, Integrations, Pros & Cons Last updated on September 16, 2026 Provider data verified by our Software Research team, and reviews moderated by our Reviews Verification team. [Description](#description)[Use cases](#use-cases)[Alternatives](#alternatives)[FAQs](#faqs)[Features](#features)[Pricing](#pricing)[Integrations](#integrations)[Support](#support)[Reviews](#reviews) Lendsqr ## What is Lendsqr? Lendsqr is a powerful loan SaaS that enables lenders to launch their lending business and reach millions of customers at scale. It comes packed with advanced features that are configured and ready to use straight out of the box. Lenders can set up and start lending within just 5 minutes, all for free. The mobile and web apps make it easy for borrowers, and lenders can use direct debit and cards for repayments. The decisioning process uses data from accounts and SMS for added accuracy. ## What is Lendsqr used for? [Loan Servicing](https://www.capterra.com/loan-servicing-software/)[Loan Origination](https://www.capterra.com/loan-origination-software/) Top alternative Featured Overall rating Based on 52 user reviews Reviews sentiment Positive 88% Neutral 12% Negative 0% Starting price $200 Flat Rate, Per Month Free trial available Includes Free Version Capterra Shortlist charts the highest-rated and most popular products... Our "Best of" badge program showcases products with the highest ratings... Our "Best of" badge program showcases products with the highest ratings... Do you work for Lendsqr?[Manage this product listing](https://www.g2.com/products/lendsqr/claim_requests/new?auto=true) ## Compare with a popular alternative Capterra selects software alternatives based on relevant features, verified user reviews and user interactions. Placement may be influenced by client status. ### Lendsqr 4.5 (52) VS. [4.9 (39)](https://www.capterra.com/p/254642/HES-LoanBox/reviews/) Starting Price $200 Flat Rate, Per Month Starting Price $75000 Other, Per Year Free Trial Free Version Pricing Options Free Trial Free Version Ease Of Use 4.5 (52) Ease Of Use 4.9 (39) Value For Money 4.3 (50) Value For Money 4.9 (37) Customer Service 4.5 (51) Customer Service 4.9 (39) ## Lendsqr alternatives [4.8 (288)](https://www.capterra.com/p/9277/The-Mortgage-Office/reviews/) Starting price Contact vendor for pricing Pricing Options Free Trial Free Version User Rating 97% of reviewers rated it above 4 stars [4.8 (33)](https://www.capterra.com/p/147212/Construction-Loan-Manager/reviews/) Starting price $25.00 Per User, Per Month Pricing Options Free Trial Free Version User Rating 94% of reviewers rated it above 4 stars [4.8 (76)](https://www.capterra.com/p/158549/LoanPro-Software/reviews/) Starting price Contact vendor for pricing Pricing Options Free Trial Free Version User Rating 97% of reviewers rated it above 4 stars [4.8 (6)](https://www.capterra.com/p/10018704/TaskSuite/#reviews) Starting price Contact vendor for pricing Pricing Options Free Trial Free Version User Rating 100% of reviewers rated it above 4 stars [View all alternatives](https://www.capterra.com/p/10003412/Lendsqr/alternatives/) ## FAQs about Lendsqr Overview ### Which roles and teams benefit most from Lendsqr? Lendsqr is most used by lending executives, operations leaders, finance administrators, and technical teams. CEOs, founders, and directors use it to oversee portfolio performance and lending growth, while credit managers and bookkeepers handle borrower records, repayments, and financial tracking. Developers and administrators benefit from configuring workflows, integrations, and day-to-day system management. Answer based on 52 reviews Overview ### What company size and industries is Lendsqr built for? Lendsqr is built mainly for small financial institutions, with 98% of reviewers from small businesses and Financial Services the top industry at 15%. It also serves Information Technology and Services at 13% and Banking at 10%, aligning with banks, microfinance banks, cooperatives, and lenders focused on loan servicing. Answer based on 52 reviews Features and Usability ### What are the key features of Lendsqr? Lendsqr offers loan management, borrower management, and loan portfolio management, along with approval process control and rules-based workflow. It also includes ACH payment processing, electronic funds transfer, payment collection, payment reminders, audit trail, compliance management, reporting and analytics, role-based permissions, and third-party integrations. Integrations ### Which third-party tools and platforms does Lendsqr integrate with? Lendsqr integrates with 10 third-party tools and platforms across credit, banking, support, payments, and messaging. Key integrations include Equifax, TransUnion Collections Management, Finacle, Temenos, Freshchat, Freshdesk, GoCardless, Paystack, Stripe, Infobip, and Loandisk. Answer based on 2 reviews Getting Started and Support ### What training and onboarding options does Lendsqr offer? Lendsqr provides in person training, live online sessions, webinars, documentation, and videos. These formats support guided instruction, scheduled learning sessions, self-paced reference material, and recorded walkthroughs for teams reviewing the product and its setup steps. Getting Started and Support ### What customer support options does Lendsqr offer? Lendsqr provides email/help desk, FAQ/forum, knowledge base, phone support, 24/7 live rep, and chat. Users describe the support team as fast, easy to understand, and helpful, with quick complaint responses and good customer service, though reliable internet can be a limitation for some. Answer based on 7 reviews Features and Usability ### How well does Lendsqr handle lending management? Lendsqr makes lending management easier with automated workflows, borrower communication, KYC checks, and lender-branded portals. Many lenders like the quick setup, security controls, and disbursement speed, though some teams want more integrations, simpler navigation for less technical users, and added payment or bank transfer options. Answer based on 22 reviews Features and Usability ### What features does Lendsqr offer for lenders? Lendsqr offers automation, analytics, reporting, a custom web app, and onboarding support for lenders launching digital loan products. Small lending businesses often like the professional look and daily account insights, but some users find the dashboard less detailed, advanced customization limited, and certain features locked behind higher plans. Answer based on 17 reviews Features and Usability ### How easy is the loan application process on Lendsqr? Lendsqr keeps the loan application process clear and mostly easy to complete online for borrowers and lenders. Many users mention straightforward registration, document upload, flexible repayment options, and helpful support, while some borrowers find the forms lengthy, error messages unclear, and the interface harder to learn at first. Answer based on 13 reviews ## Features AI summary Based on 357 Loan Servicing reviews Capterra data shows that buyers of loan servicing software rank the following features as their top priorities: - **Borrower Management** (**52%** of reviewers rated this feature as critical) - **Payment Collection** (**58%**) - **Loan Portfolio Management** (**66%**) Lendsqr supports all three features that reviewers identify as most important: **Borrower Management**, **Payment Collection**, and **Loan Portfolio Management**. Together, these capabilities help businesses manage borrower relationships, collect payments consistently, and oversee loan performance across the portfolio, allowing teams to maintain accurate records, improve repayment tracking, and make better servicing decisions. Borrower Management 4.4 (28) 57.14% of 28 reviewers that rated this feature as important or highly important Searchable database of information about loan borrowers Payment Collection 4.3 (29) 65.52% of 29 reviewers that rated this feature as important or highly important Tracking, managing, and initiating the transfer of funds for overdue customer payments Loan Processing 4.3 (29) 68.97% of 29 reviewers that rated this feature as important or highly important Collect, organize, and prepare loan information to send to the lender for approval Reporting/Analytics 4.7 (20) 70.00% of 20 reviewers that rated this feature as important or highly important View and track pertinent metrics to find patterns and gain insights from data Document Management 4.5 (28) 71.43% of 28 reviewers that rated this feature as important or highly important Store, manage, and track all electronic documents in a centralized location API 4.3 (27) 55.56% of 27 reviewers that rated this feature as important or highly important Application programming interface that allows for integration with other systems/databases Lendsqr 44 features ### All Features - ACH Payment Processing: Accept electronic bank-to-bank transfers using a network called the Automated Clearing House (ACH) - Activity Dashboard: Dashboard to view the status of ongoing processes, identify current incidents and track past activities - Activity Tracking: Track and document all activities across devices, networks, and other systems - Alerts/Notifications: Alerts or notifications of various types such as pop-up messages, sounds, banners, or badges - Amortization Schedule: Create a table of loan payments showing dates, amount of principal, amount of interest, and remaining balance - API: Application programming interface that allows for integration with other systems/databases - Approval Process Control: Manage the process of evaluating documents or requests submitted for approval - Audit Trail: A record of all activities within the system, including user access, changes made, etc. - Auto Loans: Type of loan used to finance the purchase of a motor vehicle - Automatic Funds Distribution: Automatically transfers funds to/from borrower accounts on a regular or periodic basis - Borrower Management: Searchable database of information about loan borrowers - Business Loans: Type of loan used to finance business expenses - Compliance Management: Track and manage adherence to policies for any service, product, process, or supplier - Construction Loans: Type of loan used to finance construction projects - Contact Management: Manage, organize, and store contact information - Credit Reporting: Report customer payment history and outstanding debts to credit bureaus - CRM: Built-in customer relationship management (CRM) capabilities or integration with a third-party CRM system - Customer Database: A collection of customer information such as contact details, demographics, previous interactions, etc. - Customizable Reports: Alter the layout and content of reports - Customizable Templates: Pre-designed layouts that can be customized to match preferences and requirements - Data Import/Export: Import and export data to and from software applications - Data Security: Protect sensitive data for digital privacy - Document Management: Store, manage, and track all electronic documents in a centralized location - Document Storage: Store and organize documents in a centralized system - Electronic Payments: Electronically collect payments for goods or services - Investor Management: Automated payments and reporting for investors - Lead Management: Store information about leads or contacts and track, manage and nurture them throughout the sales process - Loan Management: Distribution and delivery of funds to approved borrowers - Loan Portfolio Management: Assess and control risks associated with the credit process of each loan portfolio/account - Loan Processing: Collect, organize, and prepare loan information to send to the lender for approval - Mobile Access: Access software remotely via mobile devices - Mortgages: Type of loan used to purchase real estate - Multi-Channel Communication: Allows communication with customers or users via multiple channels such as phone, email, live chat, etc. - Multi-Company: Manage the accounting and financial aspects of multiple locations or companies in a single location - Multi-Currency: Manage and handle various international currencies - Payment Collection: Tracking, managing, and initiating the transfer of funds for overdue customer payments - Payment Reminders: Reminders sent for balance/payment due - Pipeline Management: Track the progress of long term goals, campaigns, and opportunities, for sales, projects, business ventures etc. - Reporting/Analytics: View and track pertinent metrics to find patterns and gain insights from data - Role-Based Permissions: Set & manage permission levels based on user roles and restrict access to only authorized individuals - Student Loans: Type of loan designed to help students pay for post-secondary education and associated fees - Third-Party Integrations: Set up connections to third-party platforms to improve business processes - Transaction History: Record of all transactions such as purchases, deposits, withdrawals and transfers within a specific period - Workflow Management: Create, design and manage workflows for repetitive tasks --- Features 4.6 (52) 4.6 Based on 52 reviews ## Pricing Value for money 4.3 (50) Free Trial Free Version Free $0.00 Pro $200.00 Flat Rate,Per Month Business $500.00 Usage Based,Per Month Enterprise Custom pricing Value for money 4.3 (50) 4.3 Based on 50 reviews ## Integrations [ Freshdesk](https://www.capterra.com/p/124981/Freshdesk/)[ Stripe](https://www.capterra.com/p/123889/Stripe/)[ Freshchat](https://www.capterra.com/p/158117/Freshchat/)[ GoCardless](https://www.capterra.com/p/156081/GoCardless/)[ Temenos](https://www.capterra.com/p/111334/TEMENOS-T24/)[ Finacle](https://www.capterra.com/p/10010681/Finacle/)[ Loandisk](https://www.capterra.com/p/156079/Loandisk/)[ Paystack](https://www.capterra.com/p/235568/Paystack/) ## Support, customer service and training options Customer Service 4.5 (51) Support - Email/Help Desk - FAQs/Forum - Knowledge Base - Phone Support - 24/7 (Live rep) - Chat Training - In Person - Live Online - Webinars - Documentation - Videos Deployment - Web - Android - iPhone/iPad Typical users - Freelancers - Small businesses - Mid size businesses - Enterprises Customer Service 4.5 (51) 4.5 Based on 51 reviews ## User reviews Overall rating 4.5 Based on 52 reviews Filter by rating 5(30) 4(16) 3(6) 2(0) 1(0) Mentioned topic Sorted by most recent JA John A. Director Computer Software ### "So far so good" 5.0 Overall Rating 5.0 5.0 Ease of Use 5.0 5.0 Features 5.0 5.0 Customer Service 5.0 5.0 Likelihood to Recommend 3/10 September 9, 2025 The overall experience from onboarding to Kyc and to go live has been painless. I would recommend their service Pros Great value for money with great customer support. The apis are easy to.understand and well.written with a good sandbox Cons Not noticed any cons so far, everything has been on point and met my expectations. Will be hoping everything continues like this Review source Non-incentivized review: any software user can leave a review for any product listed on our site. All submitted reviews are subject to our verification process prior to publication. Response from Vendor October 13, 2025 Thanks for sharing this. It’s great to know your team’s experience from onboarding to KYC and go-live has been smooth. That’s exactly what we aim for. If you ever run into anything that could be improved or made faster, please let us know directly. We’re constantly tuning the product to stay ahead of what our users need. Appreciate your trust in Lendsqr. TA Taye A. C.E.O Design ### "A Reliable and Feature-Rich Loan Management Platform" 5.0 Overall Rating 5.0 5.0 Ease of Use 4.0 4.0 Features 5.0 5.0 Customer Service 5.0 5.0 Likelihood to Recommend 8/10 August 3, 2025 My overall experience with Lendsqr was positive. It offers strong loan management tools, reliable payment processing, and great customer support. While the platform is feature-rich and provides good value for money, the interface could be simpler to improve usability for new users. Pros What I liked most about Lendsqr is its loan management system—it's automated, flexible, and easy to use. Plus, it offers great value for money for lenders. Cons What I liked least about Lendsqr is that the app interface feels a bit too complex, which can make it harder for new users to navigate easily. Review source Vendor Referred - Incentive Offered: This reviewer was invited by the software vendor to submit an honest review and offered a nominal incentive as a thank you. Response from Vendor August 6, 2025 Thanks, Taye. We’re glad you found value in Lendsqr’s automation, reliability, and flexibility; that’s exactly what we’re building for. You’re right about the interface. As we’ve added more power under the hood, the experience has become less intuitive in some areas. We’re already simplifying workflows and navigation, especially for first-time users. Feedback like yours helps us sharpen that focus. Appreciate you taking the time to review us. Ayomide S. Developer Banking ### "Lendsqr Service review" 5.0 Overall Rating 5.0 5.0 Ease of Use 5.0 5.0 Features 4.0 4.0 Customer Service 5.0 5.0 Likelihood to Recommend 10/10 August 2, 2025 Been smooth and soothing, their team are fast when it comes to solving issues, and if an error occurs, it gets attended to in minutes Pros The ease of service they provide and fast customer complaints team who replies technically within 30m of complaints Cons Nothing for now, except for their service charge which is kinda on the high side but considering the services we get in return I say it's still okay Review source Vendor Referred - Incentive Offered: This reviewer was invited by the software vendor to submit an honest review and offered a nominal incentive as a thank you. Response from Vendor August 24, 2025 Thank you so much for your thoughtful feedback, Ayomide. We are glad to hear that our support team has been responsive and able to resolve issues quickly. We also take note of your point about service charges. Balancing affordability with the level of service and reliability we provide is something we constantly review, and your input helps us in that process. We are happy that Lendsqr has been smooth and dependable for your team, and we look forward to continuing to support your growth. JS Jejuan S. Owner Banking ### "Evaluation " 4.0 Overall Rating 4.0 4.0 Ease of Use 5.0 5.0 Features 3.0 3.0 Customer Service 2.0 2.0 Likelihood to Recommend 2/10 June 24, 2025 Good but not the best. It took time to get to know the software. But I know a little bit about it. My loan cycle took time to finish. Pros Credit decisioning and underwriting credit results. Sending approval emails to borrowers and declined notices. Cons Price to become license and availability. The price to launch loan products is very expensive. Also is not available in the United States. Review source Vendor Referred - Incentive Offered: This reviewer was invited by the software vendor to submit an honest review and offered a nominal incentive as a thank you. Response from Vendor July 13, 2025 Thank you for sharing your experience. Just to clarify a few points for anyone reading: Lendsqr is fully available globally. We serve lenders in all countries except North Korea and Vatican City. Our platform handles the entire credit lifecycle end to end, from onboarding to decisioning, disbursement, repayment, collections, and even includes a fully integrated digital banking app at no extra cost. We also aim to keep it simple to use. There’s a guided demo and full support for anyone who wants to see how it works firsthand. If you’d like, we can also walk through any parts that slowed your loan cycle to see how to make it smoother. Always happy to help. JG Jennifer G. Director Financial Services ### "Love this product !!!" 5.0 Overall Rating 5.0 5.0 Ease of Use 5.0 5.0 Features 5.0 5.0 Customer Service 3.0 3.0 Likelihood to Recommend 10/10 April 29, 2025 I'm very happy with it so far. I'm definitely going to continue on with this product Pros It's got so much more features that are easy to use and look very professional . Cons Maybe can use a few more integrations. I was hoping to hook it up to carts and loandisk . Possibly in the future. Review source Vendor Referred - Incentive Offered: This reviewer was invited by the software vendor to submit an honest review and offered a nominal incentive as a thank you. Response from Vendor May 16, 2025 Thanks Jennifer. Glad you found the product useful. We're able to integrate with Loandisk - please to our support and we would get you up and running in no times. If there is anything else you need or if you hit any blocker, reach out. JO James O. Bookkeeper Financial Services ### "Platform review " 4.0 Overall Rating 4.0 4.0 Ease of Use 5.0 5.0 Features 4.0 4.0 Customer Service 3.0 3.0 Likelihood to Recommend 8/10 April 8, 2025 So far the experience is okay, although some functionality are missing that I would have loved Pros The UI is user friendly, just what I needed Cons The dashboard wasn't well detailed according to me Review source Vendor Referred - Incentive Offered: This reviewer was invited by the software vendor to submit an honest review and offered a nominal incentive as a thank you. Response from Vendor July 13, 2025 Thank you for sharing your thoughts. Glad to hear the UI has been user friendly and matched what you needed. We take your point on the dashboard seriously. We’re always evolving it and would be happy to learn exactly which details or functionality you felt were missing. If you are open to it, let us know or reach out to our team so we can explore how to make your experience even better. Appreciate your feedback. FE Funmilayo E. CEO Wholesale ### "My performance view of Lendsqr" 4.0 Overall Rating 4.0 4.0 Ease of Use 4.0 4.0 Features 3.0 3.0 Customer Service 5.0 5.0 Likelihood to Recommend 2/10 January 29, 2025 My overall experience was really good and created an avenue to learn ana d they new things Pros I liked the fact that that I could ask for help from support and it was easy to understand. I could easy create loans without issues Cons I didn't like that if I left the website for a bit it refreshes and I have to start again Review source Vendor Referred - Incentive Offered: This reviewer was invited by the software vendor to submit an honest review and offered a nominal incentive as a thank you. Response from Vendor March 27, 2025 Thank you so much for your feedback. I am really glad you found the platform easy to use and that our support team was helpful. That is exactly what we aim for: simplicity and reliability. The auto refresh issue you mentioned is definitely not the experience we want anyone to have. I will make sure the team looks into it and resolves it as soon as possible. It is great to hear that the experience gave you a chance to learn and explore new things. Thanks again for taking the time to share. JE Joshua E. Photography Photography ### "Good customer service " 5.0 Overall Rating 5.0 5.0 Ease of Use 5.0 5.0 Features 5.0 5.0 Customer Service 5.0 5.0 Likelihood to Recommend 10/10 January 16, 2025 Well, I'm yet to tell how it will go because I'm yet to receive the loan Pros So far the customer service is nice and i think they're good at what they do Cons I go a little issue verifying my account Review source Vendor Referred - Incentive Offered: This reviewer was invited by the software vendor to submit an honest review and offered a nominal incentive as a thank you. Response from Vendor March 27, 2025 Thank you for the kind words about the customer service. I am glad the team made a good impression. I see you had some trouble verifying your account. That should not happen, so I will check with the lender using our platform to understand what went wrong. Since Lendsqr is not a lender but provides the technology that powers lenders, we will also make sure the experience across the board is better. BA Bryson A. CEO Apparel & Fashion ### "Best Lendsqr" 4.0 Overall Rating 4.0 4.0 Ease of Use 5.0 5.0 Features 4.0 4.0 Customer Service 5.0 5.0 Likelihood to Recommend 5/10 January 15, 2025 The services are good and the fee is of a very reasonable point. Pros The Best And Easy Square And very understanding products website is very easy to navigate Cons The process of making decisions is completely complicated Review source Vendor Referred - Incentive Offered: This reviewer was invited by the software vendor to submit an honest review and offered a nominal incentive as a thank you. Response from Vendor March 27, 2025 Thank you for the kind words. I am glad the site is easy to use and that the pricing feels fair. That feedback about the decision-making process being complicated is helpful. I will dig into it with the team and see what we can simplify so things feel less confusing. Thanks again for taking the time to share this. AO Ajidagba O. Writet Education Management ### "Lendsqr leading fintech company in Nigeria" 4.0 Overall Rating 4.0 4.0 Ease of Use 4.0 4.0 Features 4.0 4.0 Customer Service 4.0 4.0 Likelihood to Recommend 8/10 November 10, 2024 Lendsqr is one of the best fintech company out there with easy access to loans granted to borrowers and not o my that,lenders also have the change to have their own loan company under Lendsqr with all the hard work been done for them. Well I’d say,Lendsqr is really a great fintech company,my personal experience on the website/app makes me say all these.Loan application was easy and not really delayed,so far you have your vital information etc.You’d get your loan approved within 24hours. Pros The Lendsqr app / website is user friendly and allows applicants to easily have access to different loan services. Cons Website / app tends to be slow sometimes during application Review source Vendor Referred - Incentive Offered: This reviewer was invited by the software vendor to submit an honest review and offered a nominal incentive as a thank you. Response from Vendor December 17, 2024 Thank you, Ajidagba, for taking the time to share your experience with Lendsqr. We’re thrilled that you find our platform user-friendly and beneficial for both borrowers and lenders. Ensuring seamless access to loan services is at the core of what we do. We appreciate your feedback on website/app speed during applications. We’re actively working to optimize performance and provide an even faster, more reliable experience for all our users. Your positive words motivate us to keep improving. If you have any further suggestions or need support, please don’t hesitate to reach out. Thank you for trusting Lendsqr! [View all Reviews](https://www.capterra.com/p/10003412/Lendsqr/reviews/) ## Top-rated software of 2026 ### Fill out the form and we'll send a list of the top-rated software based on real user reviews directly to your inbox. Popular comparisons [HES LoanBox vs Lendsqr](https://www.capterra.com/compare/254642-10003412/HES-LoanBox-vs-Lendsqr)[The Mortgage Office vs Lendsqr](https://www.capterra.com/compare/9277-10003412/The-Mortgage-Office-vs-Lendsqr) [Mortgage Automator vs Lendsqr](https://www.capterra.com/compare/191761-10003412/Mortgage-Automator-vs-Lendsqr)[Land Gorilla vs Lendsqr](https://www.capterra.com/compare/147212-10003412/Construction-Loan-Manager-vs-Lendsqr)