MENU
GET LISTED
GET LISTED
SHOW ALLPOPULAR CATEGORIES

LenderKit Review

LenderKit
Our score: 8.0 User satisfaction: 100%

What is LenderKit?

LenderKit is a crowdfunding platform that allows you to start, run, and grow your online investment business. You can use this software for your debt or equity-based real estate businesses. However, if you belong to a different industry such as agriculture, green energy, or technology, LenderKit can be tailored to your own sector, crowdfunding business model, and compliance requirements. 

LenderKit is built with core features and functionalities that you can customize according to your specific needs,  processes, and requirements. The software allows fundraisers to easily create crowdfunding opportunities and provide all the needed information and documents. Alternatively, investors can choose the opportunities they want to invest in and electronically sign legal agreements and send money via e-wallets. 

The software also comes with personal dashboards where fundraisers and investors can track and manage all their activities. Fundraisers can use their dashboard to monitor the status of their offerings and transfer funds from an e-wallet to a bank account or credit card. Meanwhile, the investor dashboard enables investors to search for offerings, track the performance of their investments, and add funds to their own e-wallet. 

Moreover, LenderKit allows you to access a back-office tool built within your crowdfunding software. This tool delivers all the essential capabilities you need so you can gain complete control over your crowdfunding business. These include the ability to set up fees, find out how your software is performing, manage all types of software users, handle offerings and investments, and track overdue payments. Lastly, LenderKit gives you the opportunity to produce a mobile-optimized website where you can promote your crowdfunding business online.

Overview of LenderKit Benefits

Crowdfunding Process

LenderKit is white-label crowdfunding software that allows you to implement a transparent, secure, and straightforward process for whatever type of crowdfunding business you’re running, be it debt-based or equity-based. Built with personal dashboards and e-wallet features, this software makes it simple for both fundraisers/borrowers and investors/lenders to engage in crowdfunding activities and transactions. 

The software permits fundraisers to create crowdfunding opportunities directly on their personal dashboard. While setting up opportunities, they are required to enter important pieces of information and send the necessary documents. Investors can view these opportunities and access all the details they need about each opportunity also from their own personal dashboard. They can find out the goal of the opportunity, the interest rate, the minimum amount of money that can be invested in the opportunity, and the amount of funds that have been raised so far. 

Investors, then, can select a crowdfunding opportunity they want to invest in. To streamline the process of sending money to fundraisers, the software sets up an e-wallet for each user. Investors can transfer funds from their bank account or credit card to their own e-wallet  and use the funds stored in the e-wallet to make payments for opportunities. 

They can send funds from their e-wallet to fundraisers’ e-wallets through an online payment method. With this method, once an investor is done entering the amount he wants to invest and e-signing the legal agreement, the payment gateway or service you integrated with the software automatically processes the transaction. The specified amount of fund is deducted from the investor’s e-wallet and deposited to the fundraiser’s e-wallet. Moreover, the software instantly updates the status of the transaction in the back office.

Back Office Management

The crowdfunding software comes with an admin back-office tool that helps you obtain complete control over your crowdfunding business. With this tool, you’ll be able to easily manage the entire lifecycle of investments, track how your crowdfunding software is performing, and gain insights into all activities and transactions happening within the software. 

For instance, you can access essential pieces of information about all types of users in your crowdfunding software, encompassing fundraisers, individual investors, and corporate investors. You are also given advanced user management capabilities like updating KYC status, viewing history of user activities, and creating investments on behalf of investors. 

The admin back-office tool also allows you to handle the creation of crowdfunding opportunities. You can prevent fundraisers to create opportunities on their own. Moreover, you have the option to indicate what specific details should be included in the opportunities.

Additionally, you get the opportunity to view essential KPIs that can aid you in assessing the performance of your crowdfunding software. You can find the number of users who passed KYC and completed the registration process. You’ll be able to track the total number of offerings that are currently active and the total amount of fees you collected as well. 

Crowdfunding Marketing Website

LenderKit also enables you to build a beautiful and mobile-optimized marketing website for your crowdfunding business. You can use this website to attract potential fundraisers and investors and onboard early customers, especially if you just recently started your business. LenderKit, furthermore, has some pre-built themes for you to choose from. You can select the appropriate theme for your website based on the type of customers you’re targeting, whether private equity and venture capital firms, startups, Millennials, or fintech. 

The service also adds a built-in questionnaire to your marketing website. This allows you to collect information from potential customers and check if they have sufficient knowledge about the kind of lending, financing, or investment business you’re supporting. You can use their information for your future marketing campaigns as well. Additionally, LenderKit integrates your marketing website with the admin back office tool and personal dashboards built within the crowdfunding software. As a result, you can instantly store user information in your crowdfunding software without doing repeated data entries. 

Overview of LenderKit Features

  • Investment Process
  • Personal Dashboards
  • E-Wallet
  • Admin Back Office
  • Secondary Market
  • Marketing Website
  • Pre-Built Themes

Awards & Quality Certificates

An award given to products that have recently entered the market but are already becoming very popular
This certificate is granted to products that offer especially good user experience. We evaluate how easy it is to start using the product and how well-designed its interface and features are to facilitate the work process.

LenderKit Position In Our Categories

Since companies have specific business-related needs, it is only rational that they avoid buying an all-in-one, “perfect” system. However, it would be futile to try to discover such a software solution even among well-known software systems. The efficient step to undertake should be to make a list of the different chief aspects that entail inspection like important features, price terms, technical skill ability of staff, organizational size, etc. Then, you should conduct the product research fully. Read some LenderKit evaluations and scrutinize each of the software programs in your list more closely. Such detailed research guarantees you take out unfit software solutions and buy the one which includes all the benefits your business requires.

Position of LenderKit in our main categories:

TOP 50

LenderKit is one of the top 50 Fundraising Software products

If you are considering LenderKit it might also be sensible to analyze other subcategories of Fundraising Software gathered in our database of B2B software reviews.

Each enterprise is different, and may call for a particular type of Fundraising Software solution that will be fit for their business size, type of clients and staff and even individual niche they deal with. It's not wise to count on getting a perfect services that will work for every business regardless of their history is. It may be a good idea to read a few LenderKit Fundraising Software reviews first and even then you should keep in mind what the software is supposed to do for your company and your employees. Do you need a simple and intuitive app with only essential functions? Will you actually make use of the advanced functionalities required by experts and large enterprises? Are there any specific features that are especially useful for the industry you work in? If you ask yourself these questions it is going to be much easier to locate a reliable service that will fit your budget.

How Much Does LenderKit Cost?

LenderKit Pricing Plans:

Free Trial

Quote-based Plan

Contact vendor

LenderKit charges you with a monthly fee if you use a prototype or MVP crowdfunding software built by LenderKit.

However, after working with a dedicated development team from LenderKit for at least 3 months, a free software license will be given to you and you no longer need to pay for any fees.

Contact the service provider for enterprise pricing details.

User Satisfaction

Positive Social Media Mentions 0
Negative Social Media Mentions 0

We realize that when you make a decision to buy Fundraising Software it’s important not only to see how experts evaluate it in their reviews, but also to find out if the real people and companies that buy it are actually satisfied with the product. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and LenderKit reviews across a wide range of social media sites. The data is then presented in an easy to digest form showing how many people had positive and negative experience with LenderKit. With that information at hand you should be equipped to make an informed buying decision that you won’t regret.

Video

Technical details

Devices Supported

  • Web-based

Deployment

  • Cloud Hosted

Language Support

  • English

Pricing Model

  • Monthly payment
  • Quote-based

Customer Types

  • Small Business
  • Large Enterprises
  • Medium Business

What Support Does This Vendor Offer?

  • email
  • phone
  • live support
  • training
  • tickets

Popular LenderKit Alternatives

Top Competitors To LenderKit By Price

Trending Fundraising Software Reviews

Product name:
Score:
Satisfaction:
6.0
N/A
7.6
86%
8.0
N/A

LenderKit Comparisons

What are LenderKit pricing details?

LenderKit Pricing Plans:

Free Trial

Quote-based Plan

Contact vendor

LenderKit charges you with a monthly fee if you use a prototype or MVP crowdfunding software built by LenderKit.

However, after working with a dedicated development team from LenderKit for at least 3 months, a free software license will be given to you and you no longer need to pay for any fees.

Contact the service provider for enterprise pricing details.

What integrations are available for LenderKit?

LenderKit integrates with the following payment, e-signature, and investment solutions:

  • Lemon Way
  • HelloSign
  • GoCardless
  • MangoPay
  • Vix Verify
Note

LenderKit
is waiting for
your first review.

Arrow

Write your own review of this product

ADD A REVIEW

More reviews from 0 actual users:

women man women man man women

Join a community of 7,369 SaaS experts

Thank you for the time you take to leave a quick review of this software. Our community and review base is constantly developing because of experts like you, who are willing to share their experience and knowledge with others to help them make more informed buying decisions.

Sign in with LinkedIn Why we require LinkedIn?
  • Show the community that you're an actual user.
  • We will only show your name and profile image in your review.
  • You can still post your review anonymously.

OR

Sign in with company email

Sign in with company email

Reviewed By Nestor Gilbert
Page last modified
Did you find this review useful?
Yes No

Thank you for your feedback

How can we make this page better?

Unsure about this software?
FIND ALTERNATIVES
TOP

Why is FinancesOnline free? Why is FinancesOnline free?

FinancesOnline is available for free for all business professionals interested in an efficient way to find top-notch SaaS solutions. We are able to keep our service free of charge thanks to cooperation with some of the vendors, who are willing to pay us for traffic and sales opportunities provided by our website. Please note, that FinancesOnline lists all vendors, we’re not limited only to the ones that pay us, and all software providers have an equal opportunity to get featured in our rankings and comparisons, win awards, gather user reviews, all in our effort to give you reliable advice that will enable you to make well-informed purchase decisions.

Share
Tweet
Share