Margill Loan Manager

Your complete loan, mortgage and accounts receivable management solution

Margill Loan Manager has really made my life so much easier. The program also caught several errors I was making. I was charging the clients less than I should have been. I corrected that right away and saved myself thousands of dollars. - George M., Mortgage specialist

Fully functional 30-day version
(instant download)

Simple to use and learn, be up and running in 30 minutes
with the Quick Start User Guide (PDF).

Version 2.0 now available

Including a host of new features: unlimited custom fields, multiple currencies within the same portfolio, accounting data based on the true payment scenario, custom reports with over 150 fields to choose from, new payment statuses: insurance, taxes, penalties and many more. See What's new in 2.0

Margill Loan Manager allows:

Small and medium-sized lenders (community & social lenders, corporate lenders and individual lenders)
Micro finance institutions
Accountants (consolidated corporate loans (liabilities) for financial statements)
Collection agencies

to manage, globally anywhere from ten to 5000 regular, irregular, fixed rate or variable rate loans (auto loans, personal loans, corporate loans and notes), leases, mortgages, lines of credit and receivables.

Margill Loan Manager produces:

Detailed payment schedules (with exact payment dates, lump sum payments, extra or missed payments, etc.)
Line by line status and comment (payment, missed payment, unpaid payment, late payment, extra principal, insurance, tax, penalties, etc.) to track any of these financial instruments
Global (consolidated) portfolio or partial portfolio totals including end of the fiscal year totals (balance, interest, repaid principal, etc.)
"Events" reports such as late or unpaid payments, NSF checks, doubtful accounts
Client paperwork (loan or mortgage letter, proposals or contracts) which can be adapted according to your needs in any language (English, Spanish, French...). Easy merge functions with your existing Word (WordPerfect) documentation.
Custom reports and invoices with over 150 fields to choose from.
Export of data to accounting package or produce the preauthorized bank payment daily (weekly, monthly) list.

Calculation Standards:

International standards and recognized principles for the calculation of interest (Americas, Europe, Asia, Australia, Africa)
United States banking rules (Regulation Z, Truth in Lending Act)
European Community rules (Directive 98/7/CE)
Canadian rules
Calculation conventions: Actual/Actual (also known as Actual/365)(ISDA), 30/360, Actual/360 and Actual/365 (fixed)
Amortization methods Effective Rate (Normal), Simple interest, Fixed Principal and Interest only
Compounding: annual, semiannual, quarterly, every 4 weeks, twice monthly, every 2 weeks, weekly, daily
Payments: see compounding frequencies + every 2 periods + every x days
See Highly specialized features (for total accuracy in Amortization)
Consult our much acclaimed White Paper on Interest Calculation