Built on the cloud, it's secure, reliable, and robust, tailored to meet the demands of commercial loans.
Streamline your operational workflow, control cash flows, minimize risk, and maximize efficiency.
Get Started NowCommunicate effortlessly with Bryt’s automated emails for invoices, late notices, and statements. Bryt also keeps a record of all customer communications, neatly organized by contact.
Audits become a breeze with Bryt. Real-time data, tax reports, loan defaults, statements, and a master register for all borrowers are readily accessible in the Bryt cloud.
Bryt’s Multi-Payment Recording allows users to record payments across multiple loans simultaneously, reducing administrative burden and streamlining operations.
Tailor loan programs for each borrower align with their financial goals, income patterns, and preferences. Bryt makes customer-friendly lending a reality.
Streamline loan operations for multiple parties with Bryt. We deliver unified solutions to co-borrowers, real estate, escrow, and insurance agents.
Bryt's Draws (Funding Control) feature helps you track and segment funding for borrower projects. It limits risk, enhances project completion timelines, and provides a structured approach to cash flow management.
For situations where the borrower's funds fall short, Bryt allows you to mark the payment as an NSF Notice. It's a simple notice, signifying the insufficient funds, keeping you informed and in charge.
In commercial lending, precision in payment allocation is non-negotiable. Bryt Software's Loan Wizard is your guiding light, following Waterfall Rules to automatically allocate payments across various categories, including principal, interest, late fees, and principal.
Streamline document management with batch downloads. Easily batch download notices (in PDF format) for all active loans, with customized details based on your chosen notice type. This feature automates downloading and emailing individual statements to borrowers in bulk.
Bryt Software's Asset and Insurance Tracking Module is your comprehensive tool for streamlining collateral management, reducing risk, and staying compliant with regulatory requirements.
Effortlessly manage collateral value information for asset-defined lending programs. Bryt helps you keep track of the assets securing your loans, providing the transparency you need for confident decision-making.
With the Investments module, managing fee distribution becomes seamless. You can allocate a share of late fees to servicers, ensuring transparent and fair compensation. Whether it's closing fees, commitment fees, or other charges, Bryt offers flexibility in fee types and payment structures. You can even customize fee types to suit your specific needs.
Bryt's Impound (Escrow) Module allows you to set up and manage multiple impound accounts effortlessly. Collect obligations, such as property taxes and insurance premiums, with precision. Impound amounts can be modified as needed and take priority in the payment process.
Bryt uses double-entry accounting for impound accounts, ensuring accurate and comprehensive loan accounting. You have a detailed history of vendor payments, providing transparency and accountability.
Get a 45-day free trial - no hidden terms.
Schedule a Demo CallBryt’s GUIDE ME tours guide you through the implementation process, ensuring a seamless setup of the Bryt system. Discover new features and functionalities within Bryt by accessing GUIDE ME Tours through the Implementation Checklist.
Bryt’s databases come with a 35-day 'point in time' recovery option. This means that you can restore your database to any state if it was within the last 35 days at a specific time. It's your safety net for data recovery.
Bryt ensures data safety with local redundancy, maintaining secondary copies within the same Azure region. These backups in different data centers add an extra layer of protection. Going beyond, Bryt offers geo-redundancy, replicating your data across multiple Azure regions. This provides heightened data availability and robust disaster recovery, ensuring data remains accessible even in regional outages.
If you have specific backup requirements beyond the standard offerings, we're here to accommodate your needs. Bryt offers options to increase the point-in-time recovery window, set up long-term backups (storing monthly backups for a year), and even provide geo-redundancy with multi-Azure Region copies.
When it comes to reliability, Bryt Software relies on the Microsoft Cloud, which boasts an impressive 99.95% availability. You can trust that your data and operations will have minimal downtime, ensuring continuous access to critical resources.
Microsoft Azure's scalability is at your fingertips. With just a simple click, we can scale compute power up or down, providing unmatched flexibility to adapt our infrastructure to your needs. This on-demand scalability ensures optimal performance and resource utilization as your requirements evolve.
Get a 45-day free trial - no hidden terms.
BrytSoftware prioritizes data security and recovery. We rely on Microsoft Azure’s robust infrastructure, offering 99.95% availability. We utilize Azure’s point-in-time restore capabilities for human error or other issues. Additionally, we conduct regular data recovery testing to ensure reliability.
Bryt Software introduces a new feature for multi-payment recording, simplifying the process of recording payments across multiple loans simultaneously. This feature streamlines operations and reduces administrative burdens.
The Investments Module enables transparent fee distribution, allowing users to allocate a share of late fees to servicers. This ensures fair compensation and streamlined financial management in commercial lending.
The Draws feature in Bryt Software controls and tracks cash flows, particularly for borrower projects. It helps limit risk and improve project completion timelines. To use it effectively, create a loan with full investment to ensure accurate funding tracking.
Bryt Software’s Impound (Escrow) Module allows the setup and management of multiple impound accounts effortlessly. Impound amounts can be modified as needed and take priority in the payment process. The system employs double-entry accounting for accurate and comprehensive impound account tracking.