Alternative lending software for NBFCs, private credit & venture debt.
Run deal intake, credit appraisal, credit and investment committees, sanction, drawdowns, portfolio and covenant monitoring — and your audit trail — on one configurable platform. Configured, not coded. Live in weeks, not the year a custom build takes.
A regulated loan book, run on spreadsheets and email.
Loan and committee decisions live in inboxes and workbooks. It works — until an auditor, an investor or the regulator asks how you got there.
Built for India's alternative lenders.
Non-bank lenders whose every credit decision has to be authorised, recorded and provable.
Private credit & debt funds
Deal pipeline, investment committee, drawdowns, portfolio and covenant monitoring for performing credit, special situations and structured debt funds.
NBFCs & HFCs
Credit appraisal, delegated-authority approvals, deviations, credit committee and sanction for MSME, wholesale, structured and new product lines.
Venture debt funds
Term sheets, IC approvals, warrant and covenant tracking, and portfolio company reporting on one governed record.
Co-lending & on-lending
Partner onboarding, loan-share tracking, approvals on both sides and an audit trail that stands up to both lenders and the regulator.
From the first credit memo to the board pack.
Every stage an alternative lender runs — orchestrated, enforced and recorded automatically.
Deal & loan intake
Structured application and deal forms that become the system of record — no free-text emails, no re-keying.
Screening & due diligence
Policy, concentration and exclusion checks plus diligence checklists with owners, due dates and evidence.
Credit appraisal & approval matrix
Routing by amount, product and risk grade to the right approver; deviations need deviation authority; maker-checker enforced.
Credit / investment committee
IC memo templates, conflict declarations, voting and quorum, dissent notes — tied to the exact memo version approved.
Sanction & conditions precedent
Sanction terms locked to the approved version; every condition tracked to closure before money moves.
Disbursement & drawdown
Disbursement and drawdown requests with maker-checker, authority limits and SLA escalations.
Portfolio & covenant monitoring
Periodic borrower data collection, covenant and condition tracking, early-warning flags and exposure dashboards.
Compliance, reporting & audit
Tamper-evident audit trail on every action; board, investor and regulatory reports from the same governed data.
Governance without the year-long build.
LOS, LMS or custom build? A packaged LOS suits high-volume, standardised retail lending. For MSME, wholesale, structured and private credit — where every deal is different and the committee matters — Averoic runs the process your credit policy actually describes, and sits alongside your core and accounting systems.
In production at UTI Alternatives.
“At UTI Alternatives, managing our investments in primary NCDs and private equity requires precise process documentation and flawless audit readiness. Enterprise SaaS platforms from large MNCs proved both cost-prohibitive and too rigid for our bespoke requirements. Averoic solved this by developing a robust platform tailored to our entire investment lifecycle.”
Up to 60% faster time-to-market for new lending processes — and audit requests that took days now answered in minutes.
Read more on lending operations.
Alternative lending software — the common ones.
What is alternative lending software?
Alternative lending software runs the lending lifecycle for non-bank lenders — NBFCs, private credit and debt AIFs, venture debt funds and co-lending partners — from deal or loan intake through credit appraisal, committee approval, sanction, disbursement or drawdown, and portfolio and covenant monitoring, with the controls and audit trail regulators expect.
Is Averoic a loan origination system (LOS)?
Averoic is a no-code governed workflow platform. Lenders use it to run origination, credit appraisal, approval matrices, credit and investment committees, sanction, drawdown and monitoring workflows. It can replace an LOS for lower-volume, higher-complexity lending (MSME, wholesale, structured, private credit), or sit alongside a high-volume retail LOS as the approvals and governance layer.
Can a private credit AIF run its investment committee and portfolio monitoring on Averoic?
Yes. Private credit and debt funds configure deal intake, due diligence checklists, IC memo templates, voting and quorum, conditions precedent, drawdowns, covenant tracking and exposure dashboards — with maker-checker controls and a tamper-evident audit trail — without a custom software build.
How does Averoic help NBFCs with RBI compliance?
Averoic enforces the NBFC’s own credit policy — delegated authority, deviations, maker-checker and committee approvals — and records a tamper-evident audit trail of every decision, so internal audit, statutory audit and RBI inspections can be answered from the system rather than reconstructed from email. It supports processes such as co-lending partner workflows and consent and approval records, configured to the NBFC’s policy.
How long does it take to go live?
Because processes are configured rather than coded, most lending teams go live with a first workflow in weeks, then extend the platform themselves as products and policies change.
Who uses Averoic for lending today?
Averoic is in production at UTI Alternatives, where it cut time-to-market for new lending processes by up to 60% and turned audit requests that took days into answers in minutes.
Start building on your process.
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