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Updated about 1 month ago on . Most recent reply
![Patrick Henderson's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2812069/1729542988-avatar-patrickh449.jpg?twic=v1/output=image/crop=250x250@0x0/cover=128x128&v=2)
Is there a service I can use to manage my private lending?
Is there a subscription base service I can use to become a lender much like a landlord would use Himlane or Turbo Tenant? I have the capital but I am looking for a platform to manage receiving ACH payments as well as creating legal docs through templates to send to borrowers. Please advise if a service like this exists.
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![Jeff S.'s profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/37746/1621389075-avatar-equity.jpg?twic=v1/output=image/cover=128x128&v=2)
- Lender
- Los Angeles, CA
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The private lending industry is awash in software solutions, @Patrick Henderson:
Find the Best Loan Servicing Software
These will help you run and organize your lending business. Of course, they are not substitutes for solid lending criteria, well-established practices, and the relationships that form the basis of most successful loans.
Alternatively, investing in a syndicated mortgage fund will defer all loan management to a sponsor, who would take care of this for you.