The iLOAN software solution operates on a licensing basis, and has unlimited scaling capabilities within that license. It also requires an initial software setup fee, based on your custom requirements and has a significantly low ‘cost per transaction’ fee. This ‘cost per transaction’ reduces as the throughput that you do on your license increases. This offers the equivalent of a ‘bulk discount’ and gives you a clear development path of costs, as your business grows and evolves.  

The licensing fee covers upgrades and maintenance on the software and is paid on an annual basis.  In addition, the license fee allows you to request certain software improvements which will benefit all iLOAN users, and conversely, you benefit from all other customers improvements.

There are various options of hosting and maintaining the actual hardware and software, and iLOAN are happy to allow its lender clients to host the software and servers on their own (either on their own premises or with the data center of their choice (dependant on the data centers security protocols). Alternatively, iLOAN also provides a managed hosting solution for the software, should this be required by the client.    

Call Us Now to find out more about our Licensing Costs and how iLOAN can help you maximise your ROI and boost your profits