Moneylender Professional (Loan Management Software)

Moneylender is a time-tested favorite for calculating and servicing loans and does what you need quickly and easily. The software is flexible, allowing customization and creation of statements, letters and notices. Adjust columns on the standard reports or create your own reports with the exact information you need. Export any report to work with the numbers in Excel or import data into another program.

Download Demo here: https://moneylenderprofessional.com/download-loan-…

Moneylender Features
Almost everything in Moneylender is configurable. If you see a feature listed, it is usually an option to choose, or something you can turn on or off on a per-loan or per-portfolio basis. If you don’t use something in the list, don’t worry. It’s just one of the many things that Moneylender could do if you wanted it.

Feature Support
Max Loans Supported Unlimited
Max Lenders Supported Unlimited
Max Borrowers Supported Unlimited
Max Payments Unlimited
Strong Data Encryption
Amortized Loans
Seller Financing
Interest Only Loans
Construction Loans
Leases
Lines of Credit
Cash / Payday Loans
Informal / Friendly Loans
Balloon Loans
Full Escrow Support
Multiple Users Working in the Same Portfolio (Network Connectivity)
Connect Programmatically Through the API
Late Fees – Fixed
Late Fees – Fixed
Late Fees – Percent of Payment
Late Fees – Incremental
Late Fees – Daily
Late Fees – Daily (no weekends)
Manage Underpayment
Handle Overpayment
Allow Overpayment Carry Forward
Principal Pay-Down
Interest Only Payment
Prepaid Interest and Fees
Escrow Deposits
Multiple Disbursements per Loan
Simple Interest (principal earns interest)
Compound Interest (outstanding principal, interest and fees earn interest)
Interest – Annual Rate
Interest – Fixed Amount
Interest – Percent of Original Loan
Interest – Percent of Outstanding Principal
Daily Interest
(1/365, 1/360, 1/366, 1/365.25, 1/336)
optimized and standard daily modes supported
Change Interest Rate Mid-Loan
Change Interest Schedule Mid-Loan
Fixed Regular Payment Amount
Interest Due Regular Payment
Interest plus Fixed Amount Regular Payment
Minimum Regular Payment
Change Regular Payment Mid-Loan
Change Payment Schedule or Due Date Mid-Loan
Credit Limit
Available Credit
Metro2 Reports (for submitting to Credit Bureaus)
Points
Enter any Account Number
Highly Configurable Automatic Account Numbering
Add Notes to Loan
Schedule Reminders on Loans
Attach Files to Loans
Track Loan-Related Expenses
Create Loan Applications
Approve/Deny Applications
Automatic File Backups
Print Statements
Email Statements
Modify Statements
Create and Customize Regular Statements
Create and Customize Letters and Notices
Create and Customize Payment Voucher Booklets
Create and Customize Payoff Quotes
Create and Customize Loan Contracts
Create and Customize Truth in Lending Disclosures
APR Calculation using the Actuarial Method (identical results to WinAPR)
Create and Customize Printable Checks