Built in Lagos

Credit origination, end to end.

Lendrail is the software Nigerian finance houses use to originate, disburse, and service loans. From first application to final repayment, on one platform.

LoanLDN-2026-000482
Amortization schedule
Principal
₦2,000,000.00
Rate
3.00% / mo
Tenor
12 months
#DuePrincipalInterestTotal
0101 Sept140,924.1760,000.00200,924.17
0201 Oct145,151.9055,772.27200,924.17
0301 Nov149,506.4551,417.72200,924.17
0401 Dec153,991.6546,932.52200,924.17
0501 Jan158,611.4042,312.78200,924.17
0601 Feb163,369.7437,554.43200,924.17
0701 Mar168,270.8332,653.34200,924.17
0801 Apr173,318.9527,605.22200,924.17
0901 May178,518.5222,405.65200,924.17
1001 Jun183,874.0817,050.09200,924.17
1101 Jul189,390.3011,533.87200,924.17
1201 Aug195,072.015,852.16200,924.17
Total repayable2,411,090.05
The Loan Lifecycle

Every stage of a loan,
on one platform.

A loan travels through six distinct stages, from the moment a customer submits an application to the day the loan matures. Lendrail handles each one, with the workflows and controls Nigerian lenders actually use.

  1. 01 /

    Application

    Customers apply through your branded portal. Business or personal, individually or on behalf of a company. Documents upload directly. Employment, guarantor, and collateral details are captured against the decision rules you set for each product.

    • Branded portal
    • Document uploads
    • BVN / NIN capture
    • Guarantor details
  2. 02 /

    Assessment

    Your team reviews applications through a role-specific workflow. Account managers vet the basics. Relationship managers check portfolio fit. Analysts run credit assessments — DTI, income verification, scorecards. Every step is logged.

    • Role-based queues
    • Credit scorecards
    • DTI calculation
    • Audit trail
  3. 03 /

    Approval

    Applications route to the right approvers by policy. Single approvers for facilities up to your CEO's limit; credit committees with quorum requirements above that. Every decision, every override, every comment is recorded against the application.

    • Authorisation chains
    • Committee quorum
    • Escalation rules
    • Override tracking
  4. 04 /

    Disbursement

    Credit admin runs KYC and compliance checks. Finance approves. The loan disburses with a full amortisation schedule generated to your product's terms — equal installment, equal principal, interest-only, or bullet.

    • KYC checks
    • Two-step finance approval
    • Auto schedule generation
    • Four amortisation methods
  5. 05 /

    Servicing

    Repayments post to the right periods automatically. Penalties accrue on overdue balances. Customers request extensions or settle early through their portal — with fees calculated to your product policy. Top-ups roll parent-loan balances into consolidated new loans.

    • Automated allocation
    • Daily penalty accrual
    • Customer-side servicing
    • Auto schedule regen
  6. 06 /

    Reporting

    Portfolio-wide dashboards. Loan-level statements. Days-past-due buckets that mirror CBN classification. Every report a Nigerian lender's board or auditor needs — exportable to Excel or PDF.

    • Portfolio dashboards
    • CBN classification
    • Statement PDFs
    • Excel export
Built for how you work

Not adapted for Nigeria.
Built in Nigeria.

Every loan product, workflow, and regulation pattern in Lendrail was designed from what Nigerian lenders actually do — not translated from an American product with a currency toggle.

/01
BVN & NIN verification
Native identity capture on every application. Not an afterthought bolted onto an American form.
/02
Naira, tabular
Amounts formatted in Nigerian conventions, aligned in tabular figures. Every number reads clean.
/03
Monthly-basis products
Nigerian lending mostly quotes in monthly rates. Lendrail handles both monthly and annual bases per product.
/04
CBN-friendly classification
Days-past-due buckets align with Central Bank classification standards. Ready for regulatory review.
/05
Multi-role committees
RM, analyst, Head of Risk, CEO, Board Credit Committee — every seat you actually have, in one workflow.
/06
Local payment channels
Manual reconciliation, bank transfer references, card-on-file — the ways money actually moves here.
Pricing

Simple pricing. Priced in naira.

Every plan includes unlimited users, unlimited products, and full servicing capabilities. You pay for the scale of your operation, not the size of your team.

Starter
For lenders originating a modest book. Ideal for cooperatives and boutique consumer credit.
250,000/ month
Up to 200 active loans
Start with Starter
  • Unlimited staff users
  • Up to 4 loan products
  • Customer portal
  • Standard reporting
  • Email support
Enterprise
For large-scale operations with custom integration, SSO, and dedicated infrastructure needs.
Custom
Unlimited active loans
Talk to sales
  • Everything in Growth
  • SSO & advanced auth
  • Custom integrations
  • Dedicated infrastructure
  • 99.9% SLA
  • Dedicated success manager

Pricing above is indicative. Final quote depends on portfolio size and integration scope. Ask us for a walkthrough.

Common questions

Before you ask us,

How long does implementation take?

Typical onboarding runs three to six weeks — one for product configuration and workflow setup, one to two for portfolio migration if you have existing loans to bring across, and one to two for user training and go-live rehearsal. We do this alongside your team, not for them, so you own the platform when we finish.

Can we migrate our existing loan portfolio?

Yes. We accept portfolio data as Excel or CSV — customer records, loan headers, and existing repayment history. Lendrail reconstructs the amortisation schedule and outstanding balances from what you give us. We validate every migrated loan against your books before go-live.

Do you integrate with our accounting software?

We support exports to Excel and CSV that reconcile cleanly with most Nigerian accounting stacks (Sage, Odoo, custom). Deeper integrations — direct posting to your GL, automated bank reconciliation — are available on Growth and Enterprise plans on a case-by-case basis.

Is our customer data isolated from other tenants?

Yes. Every finance house on Lendrail runs on isolated data with row-level security enforced at the database layer. No tenant can read, write, or even enumerate another tenant's data. Backups are per-tenant. This is architecture, not policy.

Can we customise the customer portal to match our brand?

Colours, logos, and copy are configurable from the Growth plan up. The portal always lives under your own subdomain or a Lendrail-hosted subdomain — never a generic branded page.

What happens if Lendrail goes down?

We run on Vercel and Supabase — infrastructure that powers a lot of the modern web. Both maintain 99.9%+ uptime independently. Your data is backed up continuously and can be exported at any time. We publish a status page and post-mortems for any incident.

Ready to originate?

Fifteen minutes on a call. We'll show you how Lendrail handles your current process — and where it removes the friction you didn't realise you were carrying.

Book a demo