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Grow your lending. Not your headcount.

The loan management system for Saudi non-bank lenders. Automated reconciliation. Real-time aging. Built for growth without overhead.

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Always know what's reconciled

Every payment matched. Every loan updated. In real time.

Portfolio Aging

Total Outstanding

Weighted DPD

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Borrower X

Portfolio View

Live DPD by Bucket

Top Exposures Highlighted

Built for Saudi lenders

Portfolio Aging

Total Outstanding

Weighted DPD

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Borrower X

Match every payment

Your team handles only the exceptions.

Auto-matched

Allocations

Hours Saved

Match Rate

Smart Exceptions

Audit

Loan X

Loan Y

Loan Z

Auto-matched

Allocations

Hours Saved

Match Rate

Smart Exceptions

Audit

Loan X

Loan Y

Loan Z

Grid
SEE YOUR NUMBERS

Run the math on Mugdm.

Move the sliders. See what Mugdm saves your team.

Your Business
Current Loan BookSAR500M
SAR 5MSAR 5B
12-Month Loan Book TargetSAR750M
1×3×
1.5× your current book
Team Size20 people
3200
~12 people in ops
Annual Savings at Target Loan Book
SAR576K
6 ops hires avoided
Ops hires you'd need without Mugdm6 people
Your ops team at target, with Mugdm12 people
Ops headcount needed without Mugdm18 people

WHY MUGDM

Built for one job. Done well.

Most LMS systems try to do everything. Mugdm doesn't.

Automated Reconciliation

Bank statements parsed, payments matched to the right loans, allocations posted to your ledger; all in seconds. Your team only handles the exceptions.

Saudi-Native Design

Facility-first hierarchy, Sharia-native obligation types, virtual IBAN ingestion, append-only audit trail. Built to comply with regulation.

Real-time Aging

Live portfolio view — total outstanding, weighted DPD, bucket distribution. Always know who hasn't paid. No spreadsheet required.

FOUNDERS NOTE

“I've lent under both SAMA and CMA, across banks, fintechs, & CMIs. Same operational pain everywhere: spreadsheets, manual work, fire drills. Mugdm is what every Saudi non-bank lender actually needs„

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Mohammed Malki, Founder & Ex-Lender

FAQ

Before you book a demo

The four questions every Saudi lender asks first.

What does Mugdm actually replace?

Mugdm replaces the spreadsheet-and-email layer that sits between your bank statement and your loan book. Your origination, underwriting, and decisioning tools stay where they are. Mugdm picks up at booking: facility setup, drawdown tracking, payment ingestion, automatic allocation, real-time aging, and the audit trail behind all of it. If your team is reconciling in Excel today, that's the layer Mugdm replaces.

Does Mugdm fit my lending product?

Yes — Mugdm is built around a facility-first hierarchy that adapts to different lending shapes. High-volume, short-tenor books (POS financing, BNPL for micro SMEs, consumer microloans) are handled at scale through deterministic auto-allocation. Lower-volume, facility-based books (invoice and receivables financing, term Murabaha, direct financing facilities with multiple drawdowns) are handled through structured schedules and obligation tracking. One ledger model, multiple product shapes.

Is Mugdm licensed by SAMA or CMA?

No — and it doesn't need to be. SAMA and CMA license financial activities — lending, investing, custody, moving money — not the software lenders use to run their operations. Mugdm doesn't make credit decisions, hold customer funds, or book loans on our balance sheet. It's the operations and reconciliation layer your team runs on top of your license.

What does Mugdm mean?

Mugdm is the English spelling of the Arabic word مقدّم (mugaddam), meaning "what's been put forward." In Saudi finance, it's the word every lender uses for a down payment: the upfront amount that lands before a loan really exists. The pronunciation turns on a small diacritic called a shadda (ّ), the tiny mark sitting above the letter د. The shadda doubles the consonant beneath it, changing the word entirely. Same three root letters (م ق د م), different lives: مقدّم (mugaddam): down payment, advance, the money that goes out first مقدِم (mugaddem): presenter, host, the one in front We picked the name for a different product first. That product changed. The name didn't. Every loan is mugaddam: money put forward against future events. Mugdm is where that advance lands.

What does Mugdm actually replace?

Does Mugdm fit my lending product?

Is Mugdm licensed by SAMA or CMA?

What does Mugdm mean?