Manage franchisee loans, automate payments, and track multi-location performance from one centralized platform.
Set up loan servicing, automate payments, and track franchise performance from one platform.
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See Bryt in ActionEffortlessly manage transactions, accounting summaries, and aggregated interest through Bryt's intuitive interface. Real-time data visibility ensures you're always in control. You can even automate the creation and emailing of templates to borrowers associated with the loan.
Minimize operational costs and simplify loan management with Bryt Software's seamless automated batching. Handle larger workloads, enhance efficiency, and elevate the borrower experience.
Bid farewell to complex loan management processes. Bryt Software's Loan Creation Wizard automates day-to-day loan servicing tasks. Easily track payments, accruals, write-offs, and so much more at just a glance.
Bryt Software empowers you to manage unlimited contacts for all your loans, fostering better borrower relationships. Upload and store essential documents, notes, and files to resolve complex loan issues faster.
Drive ROI with efficient interest accrual methods. Bryt Software offers flexibility by accommodating standard accrual methods such as 30/360, Actual/365, and Actual/360. You can adjust Payment Frequency, Per Diem, and Interest Day-Count to suit your specific lending requirements.
Maximize income collection with automated late fee calculations—Bryt Software streamlines late fee processing based on various factors, ensuring optimal profitability.
Bryt’s products and services are hosted using Azure's Premium V2 App Service, backed by a 99.95% Service Level Agreement (SLA) Uptime Guarantee. This ensures consistent and uninterrupted access to our solutions.
Bryt Software is designed with simplicity in mind. It has an intuitive interface that requires minimal training for effective navigation and utilization. A key strategy Bryt employs to ensure ease of use is the standardization of features and functionality throughout the website.
Navigate the platform seamlessly with Quick Tools that provide direct access to frequently used sections, reducing time spent searching for specific features. Quick Tools expedite your workflow, saving you valuable time and allowing you to focus on more strategic activities.
Bryt understands the importance of data security and confidentiality. Customizable access levels enable you to assign precise permissions to each user. Individuals can only access the information and features relevant to their roles, minimizing the risk of unauthorized data exposure.
The core Bryt system is designed for self-implementation, requiring minimal to no assistance from our support team. While advanced features and modules might need some support, our user-friendly setup ensures a smooth process.
Bryt’s standard Support Options come at no additional cost. Whether you're on a free trial or a paid subscription, its support is readily available to assist you every step of the way. The comprehensive support options cater to various learning styles and preferences, allowing you to make the most of the Bryt system.
Franchisor loan servicing software is a cloud-based platform that manages the post-origination lifecycle of loans a franchisor makes to their franchisee network. It handles payment collection, interest accrual, borrower notices, late fee calculation, and tax reporting, configured individually per franchisee loan. Bryt is built for franchise lenders managing portfolios of 50 to 5,000 loans.
Yes. Each loan in Bryt is configured independently: payment frequency, interest accrual method, fee structure, and repayment terms can all differ from one franchisee to the next. There is no single template forced across your portfolio.
Bryt supports 30/360, Actual/360, Actual/365, and 30/365 – the standard methods used in commercial franchise loan agreements. Per diem and interest day count are also adjustable per loan.
Bryt’s ACH module automates recurring payment collection on scheduled due dates. Payments are allocated using configurable waterfall rules: lender fees, interest, late fees, then principal. Failed ACH attempts trigger automated franchisee notices, and all activity is logged to the loan record without manual intervention.
Yes. Bryt supports multiple co-borrowers and guarantors on a single loan record. Each contact: business entity or individual maintains their own communication history, documents, and payment records, all linked to the same franchise loan.
Yes. Bryt’s borrower portal allows franchisees to log in and view their loan balance, payment schedule, documents, and transaction history under your brand. The portal subdomain is configurable, and a fully custom domain is available as an add-on.
Bryt generates batched 1098 and 1099 tax reports, Payment Registers, and Consolidated Payment reports by day or period. You can also build custom reports using the report writer, filtering by franchisee, loan status, payment behavior, or any custom field with no external tool required.
Bryt is designed for a quick setup without the need for implementation consultants, data migration, or server configuration. The platform runs fully on Microsoft Azure and is accessible from any browser. A free trial is available with no credit card required.