The Loan Office Pricing Plan & Cost Guide

The Loan Office

Flexible loan servicing software for small lenders

4.83/5 (29 reviews)

The Loan Office Pricing

Starting from: $3500.00

Pricing model: One-time License, Subscription

Pricing information is available on inquiry.

Competitors Pricing

PlanGuru

Starting from: $99.00
Pricing model: One-time License
Free Trial: Available (No Credit Card required)

ChargeOver

Starting from: $65.00/month
Pricing model: Subscription
Free Trial: Available (No Credit Card required)

Harvest

Starting from: $12.00/month
Pricing model: Freemium, Subscription
Free Trial: Available (No Credit Card required)

FreshBooks

Starting from: $15.00/month
Pricing model: Freemium, Subscription
Free Trial: Available (No Credit Card required)

Adaptive Insights

Pricing model: Subscription
Free Trial: Available (No Credit Card required)

Pricing Comparison

How does The Loan Office compare with other Finance & Accounting apps?

Subscription plan?

The Loan Office



98% of apps offer a
subscription plan

Free trial?

The Loan Office



84% of apps have a
free trial

Freemium plan?

The Loan Office



20% of apps have a
freemium plan

Pricing Comparison

Finance & Accounting app prices shown are $/month




The Loan Office Pricing Reviews

Pros
  • 1. interacts easily w/ QuickBooks 2. allows me to send borrower statements directly from TLO 3. much easier to produce payoff demands
  • When you have a company that gives loans the most important part in the whole process is the collection. We are pleased with the borrower late report. It gives us an update daily, so we know exactly who is late with its payment.
Cons
  • We haven't been using the software that long so we exactly know what does not please us.
  • 1. if it embedded a bit different calendar/reminder platform, that would add a lot of value to me. I separately run "Remind Me," but this isn't a big deal. 2. annual cost for software support and for upgrades seems high. Now that I know how to use it, I am guessing I won't call in more than twice a year. 3. I would love to be able to use TLO from home and my office, ie, log into the same TLO platform and use it whereever suits my schedule that day. I understand the need to prevent multiple users from sharing the same license, but I am a one-man shop and there has to be a way to do this.
100%
recommended this to a friend or a colleague

6 reviewers had the following to say about The Loan Office's pricing:

Tyler D

Great Program. Inexpensive Price

Reviewed 2017-02-14
Review Source: Capterra

We needed an affordable program that we could use as our company grows and The Loan Office was very affordable especially for the capabilities it offers.

Read the full review


The Loan Office

Flexible loan servicing software for small lenders

Jerrel Armstrong

Small Business User

Used daily for 6-12 months
Reviewed 2016-09-13
Review Source: Capterra

The Loan Office has really helped to make us look more professional in the eyes of our borrowers, and it has saved me a lot of time. 1. interacts easily w/ QuickBooks 2. allows me to send borrower statements directly from TLO 3. much easier to produce payoff demands

Read the full review


The Loan Office

Flexible loan servicing software for small lenders

Kelly Maurer

Great flexibility

Reviewed 2015-01-27
Review Source: Capterra

I love the flexibility the Loan Office gives me. I make community development micro business loans. I can configure a loan with multiple payback features - initial term of interest only, fixed payments, remainder amortized, balloon payments, etc... and be able to produce an accurate repayment schedule for the closing. I can email statements from right inside the program, which is handy. The reports and notices are a pain to customize (in MS Word), but that is my only complaint. My portfolio is very small, so I generally do personalized collections notices anyway. The ability to only have one funder per loan is not a problem since LLC all investments are pooled and member returns are figured on the entire portfolio, not per loan. We could also service a specific loan for an LLC member if they wished to invest outside of the pool, but we haven't done this yet. The customer service/ tech support guys are very helpful and have promptly addressed any difficulties I've sent their way. I used another, less expensive program, for about ten years, but the flexibility to create loan terms that work for my borrowers makes the additional cost very worthwhile.

Read the full review


The Loan Office

Flexible loan servicing software for small lenders

Tom Schaefer

Great software & support!

Reviewed 2015-03-13
Review Source: Capterra

We are a very small non-profit with a limited budget. The Loan Office was the perfect solution for our organization. It is excellent software that completely meets our needs and is very affordable. It has features that are light-years ahead of the software that we had been using previously. The software support is also great. Any questions that I had were quickly addressed, as were any problems that we encountered. I would definitely recommend The Loan Office.

Read the full review


The Loan Office

Flexible loan servicing software for small lenders

Marjorie Henriquez

First Caribbean based user

Used daily for less than 6 months
Reviewed 2016-09-26
Review Source: Capterra

We are a small company based in the Caribbean that gives personal micro loans. The Loan Office is very cost effective and with the link to QB it¿s the perfect software for us. Whenever we have a problem we just e-mail our questions and our friendly and always helpful customer supporter will either call us or email us in the stipulated time frame. We love how we can process the payments and keep track of the delinquent borrowers. We are very pleased with the software and it helps us achieve our business goals. When you have a company that gives loans the most important part in the whole process is the collection. We are pleased with the borrower late report. It gives us an update daily, so we know exactly who is late with its payment.

Read the full review


The Loan Office

Flexible loan servicing software for small lenders

Beth Stella

Cost effective and User friendly

Reviewed 2015-04-01
Review Source: Capterra

We needed to replace our old software that was no longer supported and expected to pay $20-$30k for an upgrade or a new system. With only 25 loans in our portfolio we were thrilled to find this cost effective solution. More importantly it is very user friendly, so given a brief "tour" of the system provided us with enough information to get us up and running. When we did have questions, the customer service has been friendly and helpful. We've been able to add our company logo to some of the reports and coupons and they look very professional. The reports offer a lot of flexibility and there are many other excellent features in the system.

Read the full review


The Loan Office

Flexible loan servicing software for small lenders