1. Software for a Payday Loan Business
There are a lot of features for software in the payday loan business that is on the market and it
is difficult to evaluate the cost vs. benefits, especially without industry experience. The software
is a huge investment $80,000 and climbing but will have a huge impact on the operations,
profitability and ease of running your payday loan business.
While the features and benefits of all of the payday software companies look similar there is a
reason for the ones that are super cheap. Also remember that it isn’t as easy as start with an
inexpensive software package and upgrade later. Many packages don’t work well in importing
from another program. Don’t focus on your needs today but instead, where you want your
business to be in the future.
Here are a few of the software vendors that have had good results in the payday loan industry.
Note that none of these are recommended but to be used as a reference. Please do your
in-depth research before purchasing your payday loan business software.
eCheckTrac
Empower – Synaptic
IntroXL
1/2

2. Payday Loan Manager
Payday Plus
Quik Draw
TranDotCom
For more articles on starting a payday loan business, visit StartupInformant.com
2/2
Powered by TCPDF (www.tcpdf.org)