Margill Loan Manager - 2026 Pricing, Features, Reviews & Alternatives

Margill Loan Manager is an Windows installed and Cloud-based loan servicing solution, which assists lenders with servicing multiple loan types whether these are simple or complex (see Instrument types at end).

Key features include interest computation, complex repayment scenarios (P&I, interest-only, fixed principal, mix of methods, lump sums, cash-flow adapted payment amounts), data import via Excel or JSON files, automatic rules-based fees, automatic reminders, fixed or variable interest rates, multi-currency, customizable reporting and revenue tracking.

The application lets users import borrower data, loan data and irregular payments from Excel sheets. Create custom fields and scroll menus. Its document merge tool helps teams produce contracts, letters, invoices, and statements, streamlining the loan origination process. Credit teams can automate the calculation of interest and fees, as well as post payments and fee details in bulk.

Margill Loan Manager integrates with third-party solutions such as QuickBooks, Sage, Acomba, and Excel, facilitating the export of accounting data to the general ledger.

It allows administrators to provide role-based access to team members, and manage login details for multiple users.

Managers can generate customizable reports with over 1000 fields: monthly (or other) activity, financial projections, transactions report, direct export to GL, Executive dashboard, payment schedules, Escrow reports and automatic reports.

For security, all activity is logged based on user, time, date, change. Logs are available for review by third-party systems for analysis.

Loan Origination components:

- Accept / Reject applications (bulk import via JSON file)

- Create payment schedules

- Create loan documents

- Store documents

Payment / Amortization schedules:

- Create simple and complex schedules

- Paid, unpaid, partial, late, extra, lump sum payments

- Interest-only, principal, P&I payments, mix

- Multiple principal advances

- Fixed or variable interest rates (and mass rate change)

Sophisticated math:

- Compound and Simple interest

- APR calculation

- Multiple Day counts

User-defined Customization:

- Unlimited custom fields and menus

- Payment types (over 90 types)

- User defines which data is displayed/hidden

- Fees / Escrow

- Multiple fee types

- Automatic fees

- Escrow (Tax and Insurance)

Web interaction:

- Web portal for Borrowers / Investors

- Mass import: borrower, loans and prospects/leads

Automation:

- Reports generation

- Email/SMS alerts to Borrowers

- Alerts to users

- Fees-based on rules set by administrator

- Borrower data update via JSON or Excel file (real-time)

- Salesforce CRM integration through API

- Electronic payments (NACHA file USA / Perceptech Canada)

Reporting:

- User-defined custom reports with over 1000 fields

- Export to General Ledger: QuickBooks, Sage, Excel, CSV

- Financial projections

- Produce and email invoices, statements, letters, contracts

- Investor statements

- Reports produced automatically (overnight or as needed)

Licensing:

- On-premise license (Platform: Windows only)

- Cloud (subscription)(SAAS)(Remote Apps Connection for any platform)

Other features:

- Electronic payments

- Multi-creditor / Participation loans

- Multi-currency

- Attach / scan documents

- Dashboard using widgets

- Time-stamped Notes

- Multiple activity logs

Financial Instrument Types:

- Personal Loans

- Installment Loans

- Hard money / Asset-based Loans

- Corporate Loans

- Inter-company Loans

- Economic development Loans

- Employee Loans

- Auto Loans

- Irregular / Complex Loans

- Mortgages

- Litigation Loans

- Lines of Credit

- Judgments (Collection)

- Garnishments

- Leases

- Bridge Loans

- Energy efficiency / PACE Loans

- Agricultural Loans

- Bank loans (owed)