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Loan servicing and management solution for lenders
Margill Loan Manager Pricing
Pricing overview
Value for money rating
4.8
/5
44
Price starts from
3995
One-time payment
Other
Pricing details
One-time cost for installed, on-site licence plus annual billing for updates, support and maintenance.
SAAS (Cloud) installation payable on a monthly basis.
Special discounts for non-profits and lower income countries.
What users say
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Reviewers who mentioned pricing said:
Abneesh M.
Financial Services, 11-50 employees
Used daily for 2+ years
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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.
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.
Roxann B.
1-10 employees
Used monthly for 2+ years
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The developers are easily reached to assist you with any problems with the program. It is backed by it's developer
The program is really expensive the cost could be lowered significantly though offering a standard fee
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...
Christopher C.
Banking, 1-10 employees
Used daily for 6-12 months
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Margill has been great and is a welcome option for us. It takes some getting used to but its value and functionality are what make the system work well.
The price, ease of use, and over functionality. It is right-sized for my company and has many great features such as a document merge and versatile customization.
How the information is presented takes some getting used to and there are some details of the system that do not agree with how the information should be presented or what is expected. [SENSITIVE CONTENT HIDDEN] offered several work arounds for us and we are looking at these options now.
Thanks for this Christopher. I'm curious to find out more about the information presentation aspects you mention.
Luke W.
Financial Services, 1-10 employees
Used daily for 2+ years
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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.
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.
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.
Verified reviewer
Airlines/Aviation,
Used weekly for 2+ years
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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.
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 !
Michel D.
Financial Services, 11-50 employees
Used daily for 2+ years
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Help our co. to expand faster and help every department to improve quality work.
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.
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.
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 .
Alanna L.
Financial Services, 11-50 employees
Used weekly for 1-2 years
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Margill has been hugely helpful for my firm, helping us to keep track each bespoke deal when our firm is growing at a fast rate.
Margill has all the main features we needed: the ability to book loans and equity deals, fees, build alerts and reports. It is great value for money. [SENSITIVE CONTENT] at Margill has been a delight to work with, he has been incredibly helpful helping us adapt Margill to suit our firm.
It would be great if we could use Margill to calculate risk on our deals: principal repayment profiles for the portfolios, interest rate sensitivity analysis and credit analytics.
Thanks very much for this Alanna. We should discuss the needs your outilined. You can do quite a bit with "Equations"
Aynsley G.
Used weekly for 1-2 years
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Calculate interest on disbursements for a law firm personal injury practice.
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.
No cons were added to this review
David P.
Financial Services, 11-50 employees
Used weekly for 1-2 years
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Great in-house loan management software.
Great price. Easy to use interface. Custom loan invoices. Very easy to get customer support when needed.
I don't have any complaints regarding this software.
Jeremy K.
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This was exactly the software solution we needed. Our business occasionally extends loans to customers and had a need to move from spreadsheets to software. Our primary business activity is not lending, so high cost solutions designed for banks and other loan originators were cost prohibitive. This software was exactly what we needed and we have been happy with the functionality since we placed it in service in 2009. It is updated frequently and service is great. It has brought considerable ease to our loan management.
No pros were added to this review
No cons were added to this review
George M.
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I have been using Margill for about 5 years now and I can't imagine life without it! Before I chose to go with Margill I looked at several other programs. Most were from the US and not easily adapted to Canadian use and they were much more expensive. I chose Margill Loan Manager after very careful consideration and I am glad I did. The customer support is unbeatable and very personal and the program itself is very easy to use and has saved me thousands.
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No cons were added to this review
Gerardo B.
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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.
No pros were added to this review
No cons were added to this review
Michel D.
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This software is easy to install and to use. Also, we recommend this software for its flexibility considering the work we do. The cost is reasonable and attractive.
No pros were added to this review
No cons were added to this review
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