Margill Loan Manager is a Windows-based loan servicing and credit management software that supports various loan types including personal, corporate, intercompany, student, auto, litigation, mortgages and lines of credit.

Key features include amortization, regular and irregular payments, interest-only loans, escrow management, post payments, automatic fees, electronic payments, alerts and multicurrency support. The software allows users to import their existing data using Excel sheets.

Margill Loan Manager allows users to create their own rules for fee payment such as charging set amounts or percentages of balances, configure charges on interest and more. Users can set alerts or reminders for late payment fees and request records from clients. The reporting features allow users to create various type of reports including amortization tables, record lists, and accounting reports, which can be displayed in dashboards. Reports can also be printed and exported to Excel or PDF.

Borrower window
Borrower window

Borrower window

Data import

Data import

Payment schedule

Payment schedule

Record list

Record list

Record summary

Record summary

Supported Operating System(s):

Windows 7, Windows Vista, Windows 8



35 Reviews of Margill Loan Manager

Overall rating

4.5 / 5 stars

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Roxann from Radiant capital solutions limited

Industry:  Private Lenders

Number of employees:  2-10 employees

Ease-of-use

Value for money

Customer support

Functionality

February 2018

Good product

Pros

The developers are easily reached to assist you with any problems with the program. It is backed by it's developer

Cons

The program is really expensive the cost could be lowered significantly though offering a standard fee

Review Source

Response: Marc, Jurismedia, Inc.

February 2018

Thank you for the review. I do understand that you being based in Jamaica, the price may seem slightly high because of the currency exchange, but Margill is one the most affordable software out there starting at less than $2000. I'm a little surprised by your 3.5 stars. Seems because of the price...

Michel from Cliffton Group inc.

Number of employees:  11-50 employees

Ease-of-use

Value for money

Customer support

Functionality

February 2018

Responding to our needs in Loan MANAGING. Very user friendly.

Help our co. to expand faster and help every department to improve quality work.

Pros

Affordable and easy to install . No bug and no high costs developping. Time for training was very low and everyone was happy to use a so powerfull tool.

Cons

Letters and documents should be improved as .doc instead of .rtf , but it is working like it is. We would have purchase this software many years before if we knew it was available on the market.

Review Source: Capterra

Response: Jurismedia, Jurismedia, Inc.

February 2018

Thank you for this Mr. Desjardins. The good news, in our version 4.4 now being released, we have vastly improved the document merge module and can now merge to Word (and PDF of course) and can even include start-of-loan-to-date, year-to-date and previous reporting period data in your statements .

Sheri from Loans

Ease-of-use

Value for money

Customer support

Functionality

December 2017

Utilize software to administer 4500+ client mortgage files. This software has been exceptional.

Pros

Margill representatives have been very good with us. Pros are ease of entry of information onto the system, ease of creation of custom reports for export and merge(s), flexibility of the software/program providing options for subsidized loan payments, actual loan payments and ability to enter multiple interest rates and ability to change interest rates as well as the feature to have multiple loans under one client (borrower). We have been using this software since 2012 and it has been flexible enough to accommodate loans and mortgages with very specific idiosyncrasies. Any and all issues encountered with the software and/or system performance have been resolved in a timely/professional manner by Margill representatives.

Cons

We have experienced a few minor performance issues over the years, however, they have been dealt with and addressed satisfactorily in a timely manner each time with great support from Margill representatives. We have been able to access and use the software everyday since installation with any downtime being minutes to hours, not days. WE CAN NOT AFFORD ANY DOWNTIME WITH OUR LOAN SYSTEM.

Review Source: Capterra

Abneesh from FlexFi Inc.

Number of employees:  11-50 employees

Ease-of-use

Value for money

Customer support

Functionality

December 2017

We have been using MarGill for over 4 years and are very satisfied with the services provided.

Pros

The software is user friendly and regular updates with new features are provided. It is very flexible to meet your business model and you can customize the reports to what you want to see. Usually there are pre-set reports in other softwares and I personally love this feature.

They provide exceptional Customer Service. Questions and concerns are addressed right away.

It is the Best cost to value software out there in the industry.

Cons

The only thing I gave 4 stars was at Features and Functionality, the software has improved a lot over the past years and our feedback and is always listened to and added on to the next update. Cust support and the team have been continuously evolving the software.

Review Source: Capterra

Steve from Charing Capital

Ease-of-use

Value for money

Customer support

Functionality

December 2017

Excellent software with great support

Pros

We have used Margill for 3 years to monitor our growing private mortgage and auto loan business. We have hundreds of loans under management. We are a family office with our own money at risk. We would not use a software product that didn't deliver the information we need.
We have been very happy with the software and the excellent support service and will continue to expand our licence as our business grows.

If the software doesn't meet someone's requirement during a demo period so be it. It happens every day. I do have an issue when I read someone posting a negative review on this site and suggesting that my company's satisfaction (after a thousand hours of use) is not real and that other reviewers have knowingly posted positive misleading reviews. Pure nonsense. And it really speaks volumes about the character of that reviewer to frame their comments this way.

Cons

Would like more video tutorials as we probably only use a fraction of the software's capability. We find video tutorials more effective than most manuals.

Review Source: Capterra

Response: Jurismedia, Jurismedia, Inc.

December 2017

Thanks for the comment Steve. As for videos, we are starting our little collection which you can see in the Support Center: www.margill.com/en/support-center/. The Support Center also has our blog in which we regularly answer user questions. Many good questions in there!

Kevin from Cortland Capital Group LLC

Number of employees:  1 employee

Ease-of-use

Value for money

Customer support

Functionality

December 2017

This program is Great!! And Tech support /customer service have been A+++!

This program makes my business so much easier. The daily record keeping and reports are everything I need.

Pros

The program is easy to use and integrated so I only have to make entries once. The reports are great! When my server crashed Margill was right on top of saving all my data. I couldn't be happier with the program and the support!

Review Source: Capterra

Aynsley from LK Law

Ease-of-use

Value for money

Customer support

Functionality

December 2017

Lovely customer service for inexpensive interest calculating software

Calculate interest on disbursements for a law firm personal injury practice.

Pros

The price for quality on this software is tremendous. We had quotes that were 4X as much. It's a simple software that basically anyone can learn. I have people with very little experience, learning how to calculate interest with this software. The customer service has been incredible and we were trained up incredibly quick. They respond fast when we indicate that we're having trouble and generally answer our question on the first response.

Review Source: Capterra

Luke from Cash Direct

Number of employees:  2-10 employees

Ease-of-use

Value for money

Customer support

Functionality

December 2017

Positive for the whole time we have used it

Simple, low cost solution. Great for a start up or small business to manage all types of loans. It has helped us grow out customer base substantially and keep clear records of all the transactions.

Pros

The ability to add-in unlimited fields for information gathering, record keeping and future analytics is really helpful. The calculations are correct and there are variations to the standard loan amortisation calculations which suites some alternate situations. Most of all we have really appreciated the high level of support provided by the Margill team and the low cost to implement and use the software.

Cons

Simply that is was a new system and therefore just navigating around it was a unique experience but if you can get used to all the shortcuts etc it is actually really simple. The main item we miss is the ability to access within a web browser as it needs to be hosted somewhere. The offset of this is you, the user, have more security of data.

Review Source: Capterra

Charles from Driven Brands

Number of employees:  1,001-5,000 employees

Ease-of-use

Value for money

Customer support

Functionality

December 2017

Helped automate 2 significant customer payment processes

Automation of 2 manual processes for tracking customer loan payments

Pros

The software implements best practices and provides multiple ways to handle loans and customer payments

Cons

Integration with a mid-tier ERP system was complex and required some customization from the vendor to give us the information we needed

Review Source: Capterra
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Verified Reviewer

Ease-of-use

Value for money

Functionality

December 2017

We are a group of investors that buy loan pools...great loan manager for what we do....

Pros

Again, we are a group of investors that by loan pools. The program works very well for us. we like the simplicity of the manager and it's overall manageability of our loans.

Cons

Statements and reports are great...sometimes the printing alignment is an issue... The updates are a little expensive.... you get what you pay for though !

Review Source: Capterra

Elenor from Woodmaster Tools, Inc

Number of employees:  11-50 employees

Ease-of-use

Value for money

Customer support

Functionality

December 2017

Transferred from very old software for long term receivables to Margill

Secure and accurate system for our long term receivables.

Pros

I like the ease of use and accuracy in computing interest and terms. The reporting aspect is great and provides all the information I need to close the accounting period.

Cons

I do not have any dislikes in the system and am looking forward to when the Margill software will be fully interfaced with my general ledger.

Review Source: Capterra

Mickey from CaseMark Financial

Ease-of-use

Value for money

Customer support

Functionality

December 2017

The Margill team is very responsive and has demonstrated flexibility whenever needed.

Pros

Our company needed custom software that was difficult to find in the open market - we chose to purchase Margill which did not meet our exact needs out of the box, however, the team crafted a customized solution that has served us well. Cust Support and the team understand client needs and provide a personalized experience.

Cons

It would be great if the software evolved to have some more CRM functions in the future. Otherwise, as far as a loan management system is concerned, this is a good option.

Review Source: Capterra

Darla from Sabes Family Foundation

Number of employees:  2-10 employees

Ease-of-use

Value for money

Customer support

Functionality

September 2017

The best customer service!!

Pros

The flexibility to handle multiple types of loans from promissory notes to leases.
When I purchase software, the most important thing is customer service. On any given date, I can email, and I always get a response within 30 minutes, How wonderful is that!!!

Cons

Improvements need to be made in the custom report writer. I wish there were more standard reports available, as I don't have time to custom design.

Review Source: Capterra

Response: Jurismedia, Jurismedia, Inc.

September 2017

Thanks for this Darla. You're putting pressure on us with the 30 minute support! Ouch ;-) We always try our best! As for reports, we do have standard templates for the most common needs, but reporting requirements from one company to the next range dramatically. That's why Margill includes over 1000 fields from which to create custom reports. Marc

James from Hutchison Oss-Cech Marlatt

Ease-of-use

Value for money

Customer support

Functionality

January 2017

Good Program, Good Service

We are a small business with a few hundred ongoing loans. Although some upfront learning is required Margill is ultimately easy to use and powerful. The technical service provided by Margill is some of the best we have found among software companies.

Review Source: Capterra

Gerardo from Seguros America

Ease-of-use

Value for money

Customer support

Functionality

December 2016

Great tool at a great price

The application is excellent at managing different loan schedules and can also be used for other types of investments. It has room for improvement in workflow management and permissions management. For the cost, it represents great value.

Review Source: Capterra

Kaye from Adwell Financial Services Inc.

Ease-of-use

Value for money

Customer support

Functionality

December 2016

Margill loan manager as a helper

Once you have set up everything accordingly. Margill loan manager is really easy to follow. It helps us creates a loan in few minutes. It is very useful in reviewing our clients information and their payments history. Updates were recorded efficiently for future references.

Review Source: Capterra

Donald from Moose International, Inc.

Ease-of-use

Value for money

Customer support

Functionality

December 2016

Works for us...

We have been using Loan Manager for nearly two years. We are very satisfied. We find posting payments, creating new accounts, preparing end of month reports and sending monthly statements to be easy and always accurate.

Review Source: Capterra

Rainbow from MBC

Ease-of-use

Value for money

Customer support

Functionality

December 2016

Good Software

The customer support is great. You can always reach to someone who can help you. You can customize and design the report you need.

Review Source: Capterra

Pauline from Prescott-Russell Community Development Corporation

Ease-of-use

Value for money

Customer support

Functionality

December 2016

Review for Margill Loan Manager software

The Prescott-Russell Community Development Corporation (PRCDC) has been using Margill Loan Manager software since 2013. With Margill, we can create reports for all our needs and the needs of our clients, whether for a general or specific report, with the huge field base, equation management, standard or tailored reports. The calculation tables (depreciation) are clear and very precise. Even tasks such as correspondence, databases, global calculations, individual calculations, and billing are done with ease. It is a user-friendly, professional software, and a charm. We would also like to note that the support of the Margill team was and is still phenomenal and on behalf of the SDCPR, we thank you.

Review Source: Capterra

Brenda from Affiliated Finance, Inc.

Number of employees:  1,001-5,000 employees

Ease-of-use

Value for money

Customer support

Functionality

October 2016

Great Software! Fully Recommend

We are loving the new software just getting used to it and exploring new reports as we need them!!!!

Pros

Easy to work with, user friendly!

Cons

Nothing

Review Source: Capterra