Loan Servicing Software Systems

Leader in complete loan servicing systems for the consumer finance industry for over 40 years.

About Megasys

Loan servicing systems for the consumer finance industry

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.

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Originations

Credit Application Processing

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Servicing

Handles Every Aspect of the Loan Life Cycle, from Booking to Close-Out

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Collections

Advanced Queuing and Scheduling

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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
Treasurer, Acme Finance

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
President, Grandview Financial Services

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
Sulma Chevez
One Way Auto Finance Inc.

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
Ray Knapp
COO, Midwest Acceptance

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
President & CEO, Alliance Acceptance Corp

Megasys knows the Auto Finance Industry well. Omega is a user-friendly system and was easy for our staff to learn.

Hayk Matevosian
President, Grandview Financial Services

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!

Index Environmental Corporation

The competitive pricing, ease of use, and built-in features give Omega the edge.

RTO Finance, LLC

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
Brian E. Gwinn
Treasurer, Acme Finance Company

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
President & CEO, Alliance Acceptance Corp

We selected Megasys as our loan system based on their experience in the consumer credit industry.

Index Environmental Corporation

We have been very happy with the functionality and features of Omega.

RTO Finance, LLC

We strongly recommend Megasys to anyone.

Brian E. Gwinn
Treasurer, Acme Finance Company

Megasys incorporates all necessary administrative and accounting functions including application processing, an integrated General Ledger system, and an excellent collection module.

Ray Thousand
President & CEO, Alliance Acceptance Corp

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
President, Friendly Finance Corporation

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
Nick Yates
Owner, Stat Financial

Megasys provides excellent service and the support team is easy to reach out to. The system is very complete and reliable!

Frank Sim
Frank Sim
Managing Member, FTMF Auto

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
President, Grandview Financial Services

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
Carolyn Davis
President, Finance Point

Very professional staff and great customer service, they patiently answered all the questions we had. They exceeded all of our expectations.

John Bageasanian
John Bageasanian
Operations Senior Manager, Drive Auto Financial

As legislation has changed over the years, Megasys has been a great partner all along the way.

Index Environmental Corporation

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.

RTO Finance, LLC

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
President & CEO, Alliance Acceptance Corp

Their staff are all experts in their fields and we’ve also had the opportunity to personally meet most of them at Megasys events.

Index Environmental Corporation

We greatly appreciated the way the Megasys implementation team learned about our business, then set us up fully.

RTO Finance

Megasys support staff and developers are open to adding new features based on their customers’ requests.

Ray Thousand
President & CEO, Alliance Acceptance Corp

We have found the Megasys Team is always available to answer our calls and they have gone above and beyond at several critical moments.

Index Environmental Corporation

Omega is extremely user friendly and has most features that we need already built in and ready.

RTO Finance, LLC
Years Experience
Billion Transactions
Million Accounts
Million Applications
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