Loan Servicing Software Systems
Leader in complete loan servicing systems for the consumer finance industry for over 40 years.
About Megasys
We provide customizable software platforms for finance companies of every size, from startup businesses to major corporations. Our clients service over 3 million active accounts and have processed over 1.5 million applications, with $9 billion in transactions.
Reporting & Analytics
Automate Reports to Provide Key Analytics on All Aspects of your Business
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Web Method Services (API)
Provides seamless real-time integration into your other processes
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Deployment Options
Our experienced team members will help you select the best delivery option for your business needs
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INDUSTRY SOLUTIONS
The Omega system works well with many industries. If your business type is not listed, please contact us to inquire about how Omega may work for your specific needs!
AUTO FINANCE
Complete loan servicing system specially designed for Auto Lenders.
CONSUMER FINANCE
Installment loans support collateralized or uncollateralized sources of credit. Track fixed payments for any frequency, rate and payment amount.
INDIRECT LENDING
Complete loan servicing system for any collateral type.
SOLAR FINANCING
Supports indirect and direct lending for the solar financing industry.
STUDENT LENDING
Track retail installment loans for private school lending.
DEBT COLLECTION
Accounts receivables management solution for debt collectors.
The Consumer Finance Software Leader for over 40 Years!
Call Us Today!
800 927-4490
Supports Variety of Loan Types:
- Interest Bearing or Pre Compute
- Indirect Sales Finance Contracts
- Direct Consumer Loans
Amortization Methods for Loan Types:
- Standard
- Odd First Payment
- Interest Only and Balloon Payment
Rate Method Calculations supported:
- APR
- Regular
- Step Rate
- Blended Rate
Testimonials
Acme Finance has been using Megasys since 1995 and have been very satisfied with the software and service. The software programs work perfectly and the staff at Megasys provides excellent support.
Brian E. Gwinn
We are a growing company, and Omega provided us with a scalable solution. A key factor in our decision was that Omega allows us to take on more features as we grow.
Hayk Matevosian
I am very happy to have made the move to Megasys. It has simplified my everyday routine. Being able to take care of everything from one software has made working a breeze. I love being able to just pull up my laptop and make sure that everything is running smoothly. Being able to manage my finances, post payments, run reports, track the vehicles, all from 1 place it just couldn’t get any easier than that.
Sulma Chevez
The entire support team has been very responsive to our questions as a new Omega user. The loan servicing functionality is easy to use, which is the most crucial piece of our business.
Ray Knapp
I have been a user of Megasys software since 1989. Megasys is one of the best consumer finance software systems that I have utilized or been exposed to over my 30 years of Lending and Banking experience.
Ray Thousand
Megasys knows the Auto Finance Industry well. Omega is a user-friendly system and was easy for our staff to learn.
Hayk Matevosian
We have been a Megasys client for close to 15 years. As a long term customer, we can attest that they have dedicated staff in every department. Megasys delivers!
The competitive pricing, ease of use, and built-in features give Omega the edge.
During the past 17 years, both our bank auditors and state auditors have been impressed with the amount of data, which have made all the audits easy to manage.
Brian E. Gwinn
If you are currently using some type of packaged software during your day to day business and are looking for an upgrade to that software, Megasys is the way to go. Megasys has provided us with a valuable tool for our company’s needs and has streamlined our business model.
Steve Pittler
President, Friendly Finance Corp.
The Megasys system provides functionality as well as accuracy of financial calculations. Megasys applications are reliable, dependable and efficient.
Ray Thousand
We selected Megasys as our loan system based on their experience in the consumer credit industry.
We have been very happy with the functionality and features of Omega.
We strongly recommend Megasys to anyone.
Brian E. Gwinn
Megasys incorporates all necessary administrative and accounting functions including application processing, an integrated General Ledger system, and an excellent collection module.
Ray Thousand
If you are currently using some type of packaged software during your day to day business and are looking for an upgrade to that software, Megasys is the way to go. Megasys has provided us with a valuable tool for our company’s needs. Many opportunities are now available to us that we just did not have access to with our prior system. Our business model has been tremendously streamlined thanks to Megasys.
Steven Pittler
Take a chance on it and you won’t be disappointed, we searched for a long time to find the right system. Megasys was like jumping 20 years from our previous system.
Nick Yates
Megasys provides excellent service and the support team is easy to reach out to. The system is very complete and reliable!
Frank Sim
We were one of the first Omega users, and are very happy with the system and support staff. On a scale of 1 to 10, I give my early release of Omega a 9.
Hayk Matevosian
Our conversion to Megasys was overall seamless, the installation team was always there to help with any issues we had. Overall, we are happy with choosing Megasys as our software provider.
Michelle Kerzic
Office Manager, Thrift Investment
The ability to easily add integrations is fabulous! The staff at Megasys are awesome!
Carolyn Davis
Very professional staff and great customer service, they patiently answered all the questions we had. They exceeded all of our expectations.
John Bageasanian
As legislation has changed over the years, Megasys has been a great partner all along the way.
The ability to modify our own company defaults and settings is a big help. We converted from a system where we had no control and had to wait for the software company to make changes for us.
My experience with the system ranges from a small local consumer finance company to a Nasdaq listed, Russell 1000, Banking and Consumer Finance institution.
Ray Thousand
Their staff are all experts in their fields and we’ve also had the opportunity to personally meet most of them at Megasys events.
We greatly appreciated the way the Megasys implementation team learned about our business, then set us up fully.
Megasys support staff and developers are open to adding new features based on their customers’ requests.
Ray Thousand
We have found the Megasys Team is always available to answer our calls and they have gone above and beyond at several critical moments.
Omega is extremely user friendly and has most features that we need already built in and ready.
” We have been an existing customer of Megasys for over 20 years and are very pleased with their service. We chose to migrate to the Omega Loan Management System for it’s ease of use, built-in and robust list of feature options. “
Avi Shraga – Access Finance, Inc.