Multimodal Information Extraction (MIE) has gained attention for extracting structured information from multimedia sources. Traditional methods tackle MIE tasks separately, missing opportunities to share knowledge across tasks. Recent approaches unify these tasks into a generation problem using instruction-based T5 models with visual adaptors, optimized through full-parameter fine-tuning. However, this method is computationally intensive, and multi-task fine-tuning often faces gradient conflicts, limiting performance. To address these challenges, we propose collaborative multi-LoRA experts with achievement-based multi-task loss (C-LoRAE) for MIE tasks. C-LoRAE extends the low-rank adaptation (LoRA) method by incorporating a universal expert to learn shared multimodal knowledge from cross-MIE tasks and task-specific experts to learn specialized instructional task features. This configuration enhances the model’s generalization ability across multiple tasks while maintaining the independence of various instruction tasks and mitigating gradient conflicts. Additionally, we propose an achievement-based multi-task loss to balance training progress across tasks, addressing the imbalance caused by varying numbers of training samples in MIE tasks. Experimental results on seven benchmark datasets across three key MIE tasks demonstrate that C-LoRAE achieves superior overall performance compared to traditional fine-tuning methods and LoRA methods while utilizing a comparable number of training parameters to LoRA.