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Moneylender Professional description
Moneylender Professional is loan servicing software designed for businesses of all sizes that manage loans. The software automates loan calculations, tracks payments, and generates statements and notices. It offers customizable templates, detailed accounting features, and reporting capabilities. Moneylender Professional can integrate with existing business systems and allows data sharing across a network. The software runs on Windows 10 and 11 and is used by a range of organizations, from individual investors to banks and credit unions.
Who is Moneylender Professional best for
Moneylender Professional is loan servicing software automating loan calculations, tracking payments, and generating statements. Businesses of all sizes use it to manage loans, integrate with existing systems, and share data across a network. It offers customizable templates and detailed reporting. Users appreciate the software's comprehensive features and ease of use.
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Ideal for small, medium, and large businesses managing loans (1-1000+ employees).
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Best fit for finance, real estate, and education industries.
Moneylender Professional features
| Supported Moneylender Professional tracks outstanding loan balances. |
| Supported Moneylender Professional processes loan payments via AutoPay from US bank accounts. |
| Supported Moneylender Professional can generate amortization schedules. |
| Supported Moneylender Professional integrates with accounting systems via its API. |
| Supported Moneylender Professional supports generating reports on loan performance, payments, and other metrics. |
Moneylender Professional pricing
Users sentiment
See the Moneylender Professional pricing page.
Moneylender Professional Core Software
One-time license for using the software on a single computer. Includes minor and revision updates.
Moneylender Professional alternatives
Applied LMSBetter for small to medium lending businesses. Offers tools to manage the entire loan lifecycle. Includes automated workflows, CRM, reporting, and payment gateway integrations.Read more
Sageworks LendingBetter for mid-sized and growing banks in the USA. Focuses on loan origination and offers consulting services. Has more momentum and higher ratings based on more reviews. Users love its user-friendly interface, streamlined process, and reporting. However, some users find it difficult to learn and expensive.Read more
XeroBetter for general accounting and broader business management. More suitable for businesses that need basic invoicing, expense tracking, and financial reporting. A Xero alternative, Moneylender Professional, focuses on loan management.Read more
finPOWER ConnectBetter for small to medium sized businesses in lending and finance. Offers digital applications and automated approvals. More adaptable with customizable modules. Has more momentum.Read more
KatabatMore focused on debt collection automation and optimizing collection strategies. Caters to banks, lenders, and collection agencies.Read more
FinleyBetter for managing complex debt financing, especially for asset-backed lending. Focuses on mid-size and larger businesses in the US. Has more momentum.Read more
Moneylender Professional FAQ
What is Moneylender Professional and what does Moneylender Professional do?
Moneylender Professional is loan servicing software for businesses of all sizes. It automates loan calculations, tracks payments, generates statements, and offers customizable templates and reporting. The software integrates with existing business systems and runs on Windows 10 and 11.
How does Moneylender Professional integrate with other tools?
Moneylender Professional integrates with existing business systems, notably via API connections with accounting software. This allows for data sharing across your network, enhancing data accessibility and streamlined financial management.
What the main competitors of Moneylender Professional?
Alternatives to Moneylender Professional include Applied LMS for small to medium lending businesses, Sageworks Lending for mid-sized banks, and finPOWER Connect, a customizable option for financial institutions. Xero offers online accounting software, while Katabat focuses on debt collection, and Finley helps manage complex debt financing.
Is Moneylender Professional legit?
Moneylender Professional appears legitimate, with a 4/5 rating on G2. It automates loan calculations, tracks payments, and integrates with existing business systems. However, more user reviews would enhance confidence in its reliability.
How much does Moneylender Professional cost?
I couldn't find pricing information for Moneylender Professional. Contact the vendor directly to determine if Moneylender Professional is worth the investment for your needs.
Is Moneylender Professional customer service good?
Moneylender Professional's customer service receives positive feedback, particularly from high-net-worth clients who praise the easy service and fast processing times. However, there's a suggestion to expand services to startups and sole proprietors.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.