###### Exploring a Shadow Ledger or Hot Backup?

# Guide: Why alternative ledgers are on the rise

As SMB lenders navigate increasing demands for flexibility, compliance, and scalability, alternative ledgers are emerging as vital to future-proof operations.

This guide explores why non-bank lenders shift from homegrown ledgers to specialized solutions and how shadow & hot backup ledgers can transform portfolio management.

###### Exploring a better loan servicing platform?

## Whether you offer business financing, installment loans, or niche credit products, Canopy has your back.

## Immutable ledger.

Track every change to your ledger, run real-time calculations, and explore dynamic, retroactive events.

## Low code integrations.

Built to support modern payment cards, so you can streamline issuing, payment processing, and servicing in one platform.

## Personalized service.

Increase customer service productivity and borrower trust with automations that allow your organization to deliver personalized assistance.

###### Get to Market Faster

#### See into the future with LoanLab.

Avoid launch day surprises. LoanLab gives companies the confidence to test capital product constructs, ensuring all calculations and account behavior work as expected.

[Watch how it works](https://www.youtube.com/watch?v=A46PNvW3Zto)

### Common lending use cases.

### Secured Loans

Create a secured lending product backed by virtually any type of collateral.

### Installment Loans

Create an installment lending solution.

### Payment Cards

Create a charge or revolving card product.

##### Canopy provides a loan management system that fits our unique needs better than any other in the market.

Thibault Maillet, Head of Financial Services at Flexport Capital.