Version 6.0 is now available. After over eight months of development and testing, the update brings several major developments and improvements designed to make everyday work smoother. The interface stays exactly the same — no one needs another software learning curve.
What’s New (the major stuff only…)
- Column Fees can now be automatically calculated as “included in the Payment amount” (mostly for sales taxes)
- Automatic penalty interest on overdue/outstanding/arrears amounts
- Automatic Column Fees based on “Expected Pmt” amount
- Interest rate Cap and Floor
- Document Merge added to automated reports for hands‑off statements and invoices
- Electronic payments (EFT): Great Britain: BACS Light and South Africa: Standard Bank
Full details are here:
https://margill.com/en/margill-loan-manager-release-notes/
As for why we skipped from 5.8 to 6.0: beyond the strategic upgrades, the unofficial reason is simple — we finally replaced that old clock. It was time.
The website took longer than planned, but it’s now cleaner, more complete, and aligned with current standards.
Marc Gelinas
Founder and CEO