# Prograte Finance — SACCO, Loans & Credit Sales > Lending and credit sales management platform for cash lending businesses. (iPhone/iPad app by Prograte FinTech.) - Source: https://appshunter.io/ios/app/prograte-finance/id6761401791 (this page in markdown: same URL + `.md`) - Developer: [Prograte FinTech](https://appshunter.io/developer/1889394204) - Category: Finance, Business - Price: Free - Rating: 5.00/5 from 3 App Store ratings - Age rating: 17+ - Requires: iOS 16.0 · 85 MB - Languages: American English - Released: 2026-04-14 - Data updated: 2026-10-28 - Monetization: free ## What is Prograte Finance? Prograte Finance is a comprehensive lending management platform for cash lending and credit sales businesses. Manage clients, process loan applications, track repayments, collect payments via mobile money and bank transfer, monitor collateral, manage branches and staff, and get real-time reports on your portfolio performance. Built for loan officers and managers who need secure, reliable access to their lending operations from anywhere. ## Key features - Client management - Loan application processing - Repayment tracking - Payment collection (mobile money, bank transfer) - Collateral monitoring - Branch and staff management - Real-time portfolio reports ## Is Prograte Finance safe? Not enough ratings yet to assess Prograte Finance. ## Is Prograte Finance legit? Prograte Finance has limited verification signals. The AppsHunter Legitimacy Score for Prograte Finance is 58 out of 100 points across 7 verification signals from App Store and developer data. ## Frequently asked questions about Prograte Finance ### What is Prograte? Prograte is a comprehensive lending management platform designed for cash lending and credit sales businesses. It helps manage clients, process loan applications, track repayments, and monitor collateral. ### Is Prograte free to use? Yes, Prograte is available for free. It does not have any associated costs for downloading or using its core features. ### What devices does Prograte support? Prograte is available on iPhone and iPad devices, offering a mobile solution for managing lending operations. ### How secure is Prograte for financial data? Prograte is built as a secure and reliable platform for loan officers and managers. It facilitates secure access to lending operations from anywhere. ### What payment methods can be used with Prograte? Prograte supports payment collection via mobile money and bank transfers, providing flexibility for both lenders and borrowers. ### Does Prograte offer real-time performance reports? Yes, Prograte provides real-time reports on your portfolio performance, allowing you to monitor key metrics and make informed decisions. ### What is the age rating for Prograte? Prograte has an age rating of 17+, indicating it is intended for adult users due to its business and finance-related functionalities. ### When was Prograte last updated? Prograte was last updated on April 14, 2026, with version 1.0, indicating recent development and support. ## Version history (last 5 releases) ### 1.0.53 — 2026-10-27 What's new in this version Custom loan fees • Add as many fees as you need to a loan product or a single loan. • Quick templates for processing, application, appraisal, insurance, legal, credit bureau, commitment, collateral registration and transfer fees, or create your own. • Each fee can be a fixed amount or a percentage, with optional minimum and maximum amounts. • Choose how each fee is charged: taken from the payout, added to the loan, or paid upfront. • When creating a loan you see each fee, the total fees, the amount the borrower receives and the total to repay as you type. Subscriptions • Renew early as many times as you like. Your current plan keeps running, and each upcoming period shows its start and end dates. • Administrators see a reminder on the dashboard 5 days before the subscription ends, plus notifications at 5, 3 and 1 days. Documents and reports • All PDFs now open inside the app. • New loan, credit and accounting reports. • Clearer, more complete documents. Faster sign-in, plus fixes and improvements. ### 1.0.39 — 2026-10-26 Clearer mobile money payments and more control for your team. • Mobile money charges are shown up front: customers see the charge and the total before they approve a payment, and what they'll actually receive on a withdrawal. • Defaults are now decided by your officers: mark a loan or credit sale as defaulted with a reason, and take it out of default when the customer catches up. • Checkout includes any extra credit or ID checks owed, so the amount matches the payment prompt. • Customers can switch off reminder SMS from their profile; staff can record the choice on the customer's record. Receipts and security codes still arrive. Also in this release: • A payment the company received but is still checking now shows as received, not failed. • Plans with no included checks show the allowance correctly on Plan and billing. • The credit score card explains when this month's check limit has been reached. ### 1.0.38 — 2026-10-24 A fresh new look, and much more you can do from your phone. • New design across the app: clearer icons, easier forms and quick Record and Collect actions on the home screen. • SACCOs: manage shares, savings groups, member exits, standing orders and payroll check-off, governance meetings and the year-end close. • Credit sales: record sales, manage your catalog, collect payments and hand over goods, all in the app. • Loans: portfolio quality, loan search, approval tiers, plus close, write-off and restructure. • Customer app: pay what's overdue, view loan statements, and see your savings, shares and purchases. • Plan and billing: see how many credit checks and ID checks you've used this month, allow extra checks when you need them, and pay for your plan by card. • Yearly plans are now 15% off. • Not a customer yet? Find a SACCO or lender near you and ask them to call you back. Also in this release: • Clearer messages when something can't load, including when you're offline. • Improved sign-in with biometrics and password reset. • Many fixes to saving settings, reports and the company wallet. ### 1.0.37 — 2026-10-22 This update makes payments and loans more reliable. • Payments are no longer recorded twice when your connection is slow. • Loan schedules show part-paid instalments and the correct amount due. • Bank transfer repayments keep their reference and transfer date. • Loan restructure previews now match the figures that are booked. • Signing out or switching company fully clears the previous company's data. • You are signed out cleanly when your session ends, instead of seeing repeated errors. • Dates and times are shown in your local time. • Fixes to the product catalogue, settings, adding clients and payment history. • General stability and security improvements. ### 1.0.34 — 2026-09-01 Prograte now feels at home on iPhone. This release rebuilds the interface around Apple's design guidelines: • Navigation bars, titles and back buttons now follow iOS, with the back button showing the name of the screen you came from. • Apple's typography throughout, at the system's own sizes, spacing and weights. Amounts use tabular figures, so columns of money line up. • SF Symbols across the app, including a native tab bar. • Native controls — dates and list values are chosen with the iOS wheel picker, alerts and action sheets are the system ones, and switches, spinners, sliders and pull-to-refresh all match iOS. • Cards and grouped content adopt Apple's flat, rounded style instead of Material's raised panels. • Status messages now appear as a banner from the top of the screen, and can be swiped away. Also in this release: • The app now correctly appears as "Prograte" on your Home Screen. • The top bar no longer blends into the background in dark mode. • Home, Clients, Loans, Collateral and Sales headers now extend to the top of the screen. • Closed and written-off loans no longer show instalments as overdue, and their repayment schedules load correctly. • The credit check screen now presents the score in line with the rest of the report. ## Apps similar to Prograte Finance | App | Rating | Price | Category | | --- | --- | --- | --- | | [Loaner Pro](https://appshunter.io/ios/app/loaner-pro/id6755325917) | — | Free | Finance | | [LoanGrid: Loan Money Tracker](https://appshunter.io/ios/app/loangrid-loan-money-tracker/id6777496497) | — | Free | Finance | | [KorLoans: Loan Manager](https://appshunter.io/ios/app/korloans-loan-manager/id6744571158) | 5.0 (1) | Free | Finance | | [Zúba Digital](https://appshunter.io/ios/app/zuba-digital/id6761762061) | — | Free | Finance | | [Lark Money - Mutual Fund Loans](https://appshunter.io/ios/app/lark-money-mutual-fund-loans/id6498548678) | — | Free | Finance | | [Zenka - Budget & Money Tracker](https://appshunter.io/ios/app/zenka-budget-and-money-tracker/id6757850150) | — | Free | Finance | --- *Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-10-28.*