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Margill Loan Manager Pricing, Features, Reviews and Alternatives

Margill Loan Manager product overview

Price starts from

3995

One-time payment

Other

What is Margill Loan Manager?

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 benefits of using Margill Loan Manager

Manage simple and complex loans of all types, leases, lines of credit, etc. that no other off-the-shelf system can handle.

Simple to use, customizable, very affordable software that is sold in over 43 countries.

Users include public and private companies, governments, banks, insurance companies, economic development agencies, accountants and law firms.

Typical customers

Freelancers
Small businesses
Mid size businesses
Large enterprises

Platforms supported

Web
Android
iPhone/iPad

Support options

Email/Help Desk
Knowledge Base
Phone Support
FAQs/Forum
Chat

Training options

Videos
Live Online
Webinars
In Person
Documentation

Margill Loan Manager pricing information

Value for money

4.8

/5

44

Starting from

3995

One-time payment

Other

Pricing options

Free plan
Subscription
Free trial
Pricing range

Value for money contenders

Margill Loan Manager features

Functionality

4.6

/5

44

Total features

79

3 categories

Most valued features by users

Reporting & Statistics
Activity Dashboard
API
Third Party Integrations
Reporting/Analytics
Compliance Management
Data Import/Export
Alerts/Notifications

Functionality contenders

Margill Loan Manager users reviews

Overall Rating

4.8

/5

44

Positive reviews

Rating breakdown
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9.62/10
Rating distribution

5

4

3

2

1

35

8

1

0

0

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.

EC

Elenor C.

We have been very happy with the software and the excellent support service and will continue to expand our licence as our business grows.

SC

Steve C.

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.

DL

Darla L.

Cons
The updates are a little expensive. You get what you pay for though.

AR

Anonymous Reviewer

The Document Merge feature has cut down our processing times by half.

LT

Lindsay T.

The only regret is that I didn't buy it sooner.

SM

Stephanie M.

Overall rating contenders

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

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

Reviewed 5 years ago
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.

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

Ease of Implementation and USe

Reviewed 4 months ago

Exceptional - particularly due to the customer service and assistance.

Pros

Margill provides our organization with all the functionality we require with the comfort that nothing will wrong. Customer service and assistance is exceptional and provides assurance if there is any questions or clarification required as to usability or functionality.

Cons

Our methodology for calculating late interest required a work around. Would be nice to have this as a core capability of the software.

Vendor response

Thanks for this Michael. Glad you are enjoying the software. As for the calculation methodolgy, Margill follows laws and regulations and industry and accounting rules. I am convinced your clients and your accountants will appreciate this rigor.

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend5/10

Share this review:

Good product

Reviewed 4 years ago
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

Vendor response

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...

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Excellent software with great support

Reviewed 5 years ago
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...

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.

Vendor response

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!

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support

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

Reviewed 5 years ago
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.

Margill Loan Manager FAQs and common questions

Q. What type of pricing plans does Margill Loan Manager offer?

Margill Loan Manager has the following pricing plans:
Starting from: $3995.00
Pricing model: One Time License
Free Trial: Available | (No Credit Card required)


Q. Who are the typical users of Margill Loan Manager?

Margill Loan Manager has the following typical customers:
Freelancers, Large Enterprises, Mid Size Business, Public Administrations, Small Business


Q. What languages does Margill Loan Manager support?

Margill Loan Manager supports the following languages:
English, French


Q. Does Margill Loan Manager offer an API?

Yes, Margill Loan Manager has an API available for use.


Q. What other apps does Margill Loan Manager integrate with?

Margill Loan Manager integrates with the following applications:
QuickBooks Online Advanced, Microsoft Excel


Q. What level of support does Margill Loan Manager offer?

Margill Loan Manager offers the following support options:
Email/Help Desk, Knowledge Base, Phone Support, FAQs/Forum, Chat

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