Moneylender Professional

Moneylender Professional

Whitman Technological Corporation
PowerCheck

PowerCheck

Answers etc
+
+

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About

Loan servicing software to track the balance and payments on virtually any type of loan or lease. Easily manage hundreds or thousands of loans generating customizable statements, reports. Borrower online access and electronic payment (US banks only) using our AutoPay system. Very affordable. Download Moneylender - it will run as a Demo until you purchase it, so you can test it out with your loans. Email and phone support, support forums, integrated User's Guide. We're here to help you make the most of what Moneylender can do.

About

Answers, Etc. has been dedicated to developing financial services software solutions for the financial services industry for over 30 years including payday loan software, check cashing and point of sale solutions. We’re committed to creating the tools that you need to succeed as the market continues to evolve both in leading edge technology and features, and tools to keep you on track with regulatory compliance for federal, state, and local statutes. We make it easy for you with integrated payment processing, check21 and ACH tools, bill payments, debit cards, decisioning, barcode systems, and more. Choosing the right system for your company to grow with is more important than ever to create a growth strategy, even in an environment of daunting regulations and the need for an expansive, diverse product offering.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

People with loans, investment firms, big-ticket retailers, car dealerships, venture capital, credit unions.

Audience

Loan Servicing software for companies

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

$489 one-time/user
Price is one-time purchase. Optional upgrade access for $129/year after the first year.
Free Version
Free Trial

Pricing

No information available.
Free Version
Free Trial

Reviews/Ratings

Overall 5.0 / 5
ease 4.6 / 5
features 5.0 / 5
design 5.0 / 5
support 5.0 / 5

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Pros & Cons from Real Users

Pros

  • The flexibility to handle lots of loan types and scenarios. Other software companies charge extra for the report features that this software includes standard--it's pretty amazing.
  • Very user friendly and I like that it offers a variety of interest, and late fee calculation options. The many reports that are included with the software can be tailored to efficiently and successfully service any loan.
  • Moneylender is user friendly, customizable, and Josh (the creator) is so helpful! He has gone above and beyond to help us through understanding and using the product to fit our business needs. It is well designed, appropriately updated, and effective for loan tracking.
  • I switched from another product to this which was the best move I ever made. It was a big decision because I was so dug in to the old software but making the move was a wise choice! I have all of my students purchase this product because I know how to work it and now they do also! NoteConference.com
  • The software calculates the interest and fees based on payment dates and produces a professional statement for your Borrowers. Customer service is outstanding. They answer on the first or second ring and stay with you for some of the crazy scenarios that you will encounter as a Lender. They even rewrite code to accommodate customers.

Cons

  • Absolutely nothing. The software delivers exactly what it claims to offer.
  • Some of the loan reports don’t total the columns. It would be a good feature if those reports would total the columns or give you the option to total them. Unless that’s a feature I haven’t learned yet.
  • There are some specific features that did not fit our business model, i.e. we apply funds to principal and interest before paying additional fee/escrow balances due (Moneylender applies funds to fees/escrow before p/i). However, despite the difference, Josh has helped us understand and work with these differences to still efficiently use the product.
  • Temporary discomfort transferring out of one system into this system. Now there is a work around available to "import" loans from the old platform to this one
  • That I didn't find MoneyLender sooner. It is a great tool!

Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

Whitman Technological Corporation
Founded: 2004
United States
moneylenderprofessional.com

Company Information

Answers etc
Founded: 1999
United States
www.answersetc.com

Alternatives

LoanAssistant

LoanAssistant

Integrated Accounting Solutions

Alternatives

Intro XL

Intro XL

Intro Online Systems
Kwik-Loan

Kwik-Loan

Emphasys
Mortgage+Care

Mortgage+Care

Consulting Plus
Third Eye

Third Eye

Third Eye Solutions

Categories

Categories

Loan Servicing Features

Accounting Management
Amortization Schedule
Application Management
Auto Loans
Automatic Funds Distribution
Business Loans
Collateral Tracking
Collections Management
Compliance Management
Construction Loans
Customer Database
Fee Management
Investor Management
Loan Processing
Student Loans

Commercial Loan Features

Asset Management
Audit Trail
Complex Debt Structures
Dashboard
Document Management
Exposure Management
Lead Management
Pipeline Management
Risk Management
Trend Analysis

Mortgage and Loans Features

Amortization Schedule
Client Database
Closing Documents
Commercial Mortgages
Contact Management
Credit Reporting
Customer Statements
Document Management
Electronic Applications
Government Loans
Loan Origination
Loan Servicing
Pipeline Management
Pre-Qualification
Refinance Management
Residential Mortgages

Loan Servicing Features

Accounting Management
Amortization Schedule
Application Management
Auto Loans
Automatic Funds Distribution
Business Loans
Collateral Tracking
Collections Management
Compliance Management
Construction Loans
Customer Database
Fee Management
Investor Management
Loan Processing
Student Loans

Integrations

No info available.

Integrations

No info available.
Claim Moneylender Professional and update features and information
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