Q: How can I provide my borrowers a temporary payment and interest break in Margill Loan Manager? A: With normal loans, those with regular payments, at regular intervals, and no regular fees or taxes (the case with leases), this can easily be done in Margill and in bulk. So you need not do this individually, […]
You are installing a Margill product and do not see your mapped network drive on Windows 10. Here is how to solve this in many cases anyways… This is not as difficult as it seems… Turn on SMB Direct from the Windows Features and edit the registry key called EnableLinkedConnections. Click the Start button, click Control Panel, click Programs, […]
Very interesting question, but is there an answer? Being number 1, being the Top is the ultimate goal for many… The ultimate achievement… The Gold medal! We hear this in political speeches: we are the BEST, we are the GREATEST, never in the history have we been SO GREAT… Vying to be Number 1 is […]
Maximizing Investor Returns / Reducing Risk through Participation/Syndicated Loans Investors are constantly looking for new ways to maximize their returns. Investing in higher risk private loans is a method to generate 10 to 20% + annual returns. Of course, one of the objectives is to reduce risk and this can be achieved when multiple investors […]
Margill Loan Manager 5.1 will be released later in January or early February. Consult the Release Notes.
Q: If a loan was refinanced and the payments revised based on the refinanced balance, can the loan account still be in arrears? Doesn’t the refinancing and revised payments take into consideration any prior arrears? A: Arrears are always a little tricky with refinanced outstanding amounts since a human must take a decision as to […]
Q: I have set up automatic emails in Margill Loan Manager. We use G Suite for these but when I test the email connection if get a message saying the Google blocked the app since it is a less secure app. What can be done? A: We see this once in a while when using […]
Setting up and Servicing Cash-flow adapted Agricultural (Farm) Loans Efficiently Most farmers have special needs when it comes to their loans to buy land, equipment and other farm assets because of their seasonal cash-flow and income spikes. Therefore, agricultural loan products shouldn’t be set up like conventional personal or business loans or mortgages with regular […]
Q: Is there an Alert that we can add that will pop up when we attempt to add more principal than what we have set as the maximum credit? A: Yes, this is called a Conditional Alert. In the Main window go to Tools > Settings > Set Alerts > Conditional: When the window opens, click […]
Q: We have added some custom fields for additional loan information. Is there a way we can mass import only those specific custom fields in Loan Manager? A: Yes you can mass import data into Margill Loan Manager. This is with what we call “Global changes”. This can be done for the loan, mortgage, line of […]