News
Margill Loan Manager 5.0 now available!
After a two-year process, Margill Loan Manager 5.0 is now available for download! A new look, but without changing the way you work, a host of new features to make your lives even easier. See the Release Notes: https://www.margill.com/en/margill-loan-manager-release-notes. To download go to https://www.margill.com/get Stay tuned for our 20 minute Webinar on what’s new in 5.0 for […]
Cuomo Signs Bill Cracking Down on Small-Business-Loan Abuses
Interesting article by Zachary R. Mider about New York Governor Andrew Cuomo who signed a bill aimed at preventing predatory lenders from using the state’s court system to seize the assets of small businesses nationwide. Read the article here.
Wall Street Prepares for the End of a Crucial Benchmark
LIBOR (London Interbank Offered Rate) is dying, warn global regulators, and there’s nothing banks can do to stop it. Here’s an interesting article on the subject by Lannah Nguyen and Alex Harris.
Supreme Court of Canada considers litigation funding for the first time
Canada’s highest court will soon have an opportunity to clarify the law on litigation funding. Find out more by following this link.
Margill Loan Manager latest version 4.4 and upcoming 5.0 – New features now on web site
Margill Loan Manager latest version 4.4 and upcoming version 5.0 – Release notes (new features) now available on our web site. See www.margill.com/en/margill-loan-manager-release-notes
How can I enter multiple payments and advances in a loan without having to enter them one by one? I have over 100 in one loan. I have the data in Excel.
Q: How can I enter multiple payments and advances in a loan without having to enter them one by one? I have over 100 in one loan. I have the data in Excel. A: Very easily, in seconds with a simple 4-column Excel sheet. Go to Tools > Post Payments. On the top of the […]
Can Margill software be used for HOA (Home Owners Association) collections along with the interest calculation?
Q: Can Margill software be used for HOA (Home Owners Association) collections along with the interest calculation? A: Yes, very easily without needing an agency to do these calculations. Many law firms and accountants are tasked with collecting HOA assessments and find it time consuming with a risk or error when this is done by […]
Setting up automatic emails (reminders) to your borrowers
Margill Automatic Emails… Allow you to have Margill send out emails automatically a few days before a payment is due, to remind your borrower to pay. You can send reminders to all your borrowers or only the ones that don’t pay so well or on time… The system can automatically email your borrower that a […]
Total Flexibility in your Payment Schedules
Loan servicing made easy Completely adapt a payment schedule to your borrower’s needs and real life such as irregular payments, seasonal cashflow, interest-only, principal-only, partial, late, unpaid payments, lump sum, automatic fees, negative balances in intercompany loans, interest rate changes, residual value…