Who Uses This Software?

Core and non-core lenders: Consumer & Business lenders, Development agencies, Governments, Accountants, Micro Lenders, Construction. Private and public companies.


Average Ratings

35 Reviews
  • 5 / 5
    Overall
  • 4.5 / 5
    Ease of Use
  • 5 / 5
    Customer Service

Product Details

  • Starting Price
    $3,250.00/one-time
    See pricing details
  • Pricing Details
    Based on users and number of loans. Scalable.
  • Free Version
    Yes
  • Free Trial
  • Deployment
    Installed - Windows
  • Training
    Documentation
    Webinars
    Live Online
    In Person
  • Support
    Business Hours

Vendor Details

  • Jurismedia
  • www.margill.com
  • Founded 1997
  • Canada

About Margill Loan Manager

The industry's most sophisticated mathematics and visual software. Affordable & easy to customize loan servicing software along with our legendary support. Service 10 to 30,000 loans: Consumer & Business, Inter-company, Employee, Student, Construction, Lines of credit. Amortization & regular, irregular, late, unpaid, interest-only, fixed principal or mixed payments, auto Fees, variable rates, APR, Alerts. Customize: fields, reports, dashboard, payment types. Export GL to QuickBooks, Sage...


Margill Loan Manager Features

  • Amortization Schedule
  • Client Database
  • Closing Documents
  • Commercial Mortgages
  • Contact Management
  • Credit Reporting
  • Customer Statements
  • Document Management
  • Electronic Applications
  • Loan Origination
  • Loan Servicing
  • Pipeline Management
  • Pre-Qualification
  • Refinance Management
  • Residential Mortgages

Margill Loan Manager Reviews Recently Reviewed!


Excellent software with great support

Dec 18, 2017
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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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 grows.

If the software doesn't meet someone's requirement during a demo period so be it. It happens every day. I do have an issue when I read someone posting a negative review on this site and suggesting that my company's satisfaction (after a thousand hours of use) is not real and that other reviewers have knowingly posted positive misleading reviews. Pure nonsense. And it really speaks volumes about the character of that reviewer to frame their comments this way.

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

by Jurismedia on December 19, 2017

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!

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

Dec 20, 2017
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money

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.

Positive for the whole time we have used it

Dec 18, 2017
5/5
Overall
4 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Pros: 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.

Cons: 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.

Overall: 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.

Capterra-loader

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

Dec 18, 2017
5/5
Overall
5 / 5
Ease of Use
4 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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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.

Responding to our needs in Loan MANAGING. Very user friendly.

Feb 08, 2018
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Extremely
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Pros: 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.

Cons: 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.

Overall: Help our co. to expand faster and help every department to improve quality work.

Vendor Response

by Jurismedia on February 09, 2018

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 .

The Margill team is very responsive and has demonstrated flexibility whenever needed.

Dec 18, 2017
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money

Pros: Our company needed custom software that was difficult to find in the open market - we chose to purchase Margill which did not meet our exact needs out of the box, however, the team crafted a customized solution that has served us well. Cust Support and the team understand client needs and provide a personalized experience.

Cons: It would be great if the software evolved to have some more CRM functions in the future. Otherwise, as far as a loan management system is concerned, this is a good option.

The best customer service!!

Sep 21, 2017
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Pros: The flexibility to handle multiple types of loans from promissory notes to leases.
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!!!

Cons: Improvements need to be made in the custom report writer. I wish there were more standard reports available, as I don't have time to custom design.

Vendor Response

by Jurismedia on September 22, 2017

Thanks for this Darla. You're putting pressure on us with the 30 minute support! Ouch ;-) We always try our best! As for reports, we do have standard templates for the most common needs, but reporting requirements from one company to the next range dramatically. That's why Margill includes over 1000 fields from which to create custom reports. Marc

This program is Great!! And Tech support /customer service have been A+++!

Dec 18, 2017
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Extremely
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Pros: The program is easy to use and integrated so I only have to make entries once. The reports are great! When my server crashed Margill was right on top of saving all my data. I couldn't be happier with the program and the support!

Overall: This program makes my business so much easier. The daily record keeping and reports are everything I need.

Helped automate 2 significant customer payment processes

Dec 18, 2017
5/5
Overall
4 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Pros: The software implements best practices and provides multiple ways to handle loans and customer payments

Cons: Integration with a mid-tier ERP system was complex and required some customization from the vendor to give us the information we needed

Overall: Automation of 2 manual processes for tracking customer loan payments

Transferred from very old software for long term receivables to Margill

Dec 18, 2017
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Extremely
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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.

Cons: I do not have any dislikes in the system and am looking forward to when the Margill software will be fully interfaced with my general ledger.

Overall: Secure and accurate system for our long term receivables.

Lovely customer service for inexpensive interest calculating software

Dec 18, 2017
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Extremely
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Pros: 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.

Overall: Calculate interest on disbursements for a law firm personal injury practice.

We are a group of investors that buy loan pools...great loan manager for what we do....

Dec 18, 2017
5/5
Overall
5 / 5
Ease of Use
4 / 5
Features & Functionality
4 / 5
Value for Money

Pros: 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.

Cons: 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 !

Good product

Feb 16, 2018
3/5
Overall
3 / 5
Ease of Use
3 / 5
Features & Functionality
4 / 5
Customer Support
3 / 5
Value for Money
Likelihood to Recommend: 5.0/10 Not
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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

by Jurismedia on February 22, 2018

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...

Review for Margill Loan Manager software

Dec 20, 2016
4/5
Overall
4 / 5
Ease of Use
4 / 5
Features & Functionality
4 / 5
Customer Support
4 / 5
Value for Money

Comments: The Prescott-Russell Community Development Corporation (PRCDC) has been using Margill Loan Manager software since 2013.

With Margill, we can create reports for all our needs and the needs of our clients, whether for a general or specific report, with the huge field base, equation management, standard or tailored reports. The calculation tables (depreciation) are clear and very precise.

Even tasks such as correspondence, databases, global calculations, individual calculations, and billing are done with ease. It is a user-friendly, professional software, and a charm.

We would also like to note that the support of the Margill team was and is still phenomenal and on behalf of the SDCPR, we thank you.

Everything we need to manager our loan portfolio

Aug 19, 2014
5/5
Overall
5 / 5
Ease of Use
5 / 5
Customer Support

Comments: We have been using MLM for about a year and we are extremely satisfied with the product. It does everything we need it to do, and more. The team at Margill has also been very helpful in helping us customize certain features of the product that we needed for our special requirements.

With a portfolio of nearly a thousand loans it would have been impossible for us to manage our businesses without Margill. The service is excellent and we receive very timely responses to our requests and questions. No hesitation in recommending this product and this company.

Excellent software at the right price point.

Aug 18, 2014
5/5
Overall
5 / 5
Ease of Use
5 / 5
Customer Support

Comments: 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.

Great Software! Fully Recommend

Oct 31, 2016
4/5
Overall
4 / 5
Ease of Use
4 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 8.0/10 Not
Likely
Extremely
Likely

Pros: Easy to work with, user friendly!

Cons: Nothing

Overall: We are loving the new software just getting used to it and exploring new reports as we need them!!!!

Recommendations to other buyers: It is amazing software.

Great Program

Aug 16, 2014
5/5
Overall
5 / 5
Ease of Use
5 / 5
Customer Support

Comments: 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.

Complete and flexible

Aug 15, 2014
5/5
Overall
5 / 5
Ease of Use
5 / 5
Customer Support

Comments: This software is perfect to manage loans precisely and in real time. It leaves traces of all the history of past transactions, acting like a guardian of your portfolio.
-Pros : -Easy management of all the payments;
-Accurate balance of all your loans in real time;
-Recalculates automatically after any transaction or modification.
-Cons: Basic banking knowledge is mandatory for any user, or at least a good initial training.

Margill loan manager as a helper

Dec 22, 2016
4/5
Overall
4 / 5
Ease of Use
4 / 5
Features & Functionality
4 / 5
Customer Support
4 / 5
Value for Money

Comments: Once you have set up everything accordingly. Margill loan manager is really easy to follow. It helps us creates a loan in few minutes. It is very useful in reviewing our clients information and their payments history. Updates were recorded efficiently for future references.

Good Program, Good Service

Jan 07, 2017
4/5
Overall
4 / 5
Ease of Use
4 / 5
Features & Functionality
5 / 5
Customer Support
4 / 5
Value for Money

Comments: We are a small business with a few hundred ongoing loans. Although some upfront learning is required Margill is ultimately easy to use and powerful. The technical service provided by Margill is some of the best we have found among software companies.

Loan Manager

Aug 14, 2014
4/5
Overall
4 / 5
Ease of Use
5 / 5
Customer Support

Comments: The staff are very helpful and attentive, especially Mark. System is very user friendly. Had it 5 years and very happy although I must remind you we are a small private company consisting of under 25 accounts.
We are not logging in and out very consistently. Only use it once or twice a month.

Experience with MLM

Aug 19, 2014
5/5
Overall
4 / 5
Ease of Use
5 / 5
Customer Support

Comments: We are just a small Lending company trying to look for a software that we could use that is user friendly. We had downloaded MLM as a trial at first as we are trying to figure it out. It is a very good software. The representatives from MLM are the best! They helped us out with everything!

Great tool at a great price

Dec 29, 2016
4/5
Overall
3 / 5
Ease of Use
3 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money

Comments: 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.

Works for us...

Dec 22, 2016
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money

Comments: We have been using Loan Manager for nearly two years. We are very satisfied. We find posting payments, creating new accounts, preparing end of month reports and sending monthly statements to be easy and always accurate.

Margill Loan Manager is a huge time saver for our Company!

Aug 20, 2014
5/5
Overall
5 / 5
Ease of Use
5 / 5
Customer Support

Comments: What I like most about this software is that you don't have to be a rocket scientist to navigate and use. I would rate the customer service at 10. I have always experienced prompt and satisfying help when needed. I would highly recommend this product .

Good Software

Dec 20, 2016
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money

Comments: The customer support is great. You can always reach to someone who can help you.
You can customize and design the report you need.

Easiest software available

Aug 14, 2014
4/5
Overall
4 / 5
Ease of Use
4 / 5
Customer Support

Comments: 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.

What an improvement over spreadsheets and multiple documents!

Dec 05, 2014
5/5
Overall
5 / 5
Ease of Use
5 / 5
Customer Support

Comments: Perhaps the best feature has been the customer service...any question or problem I have encountered has been addressed quickly, thoroughly, and pleasantly!

Great Tool

Aug 26, 2014
5/5
Overall
5 / 5
Ease of Use
5 / 5
Customer Support

Comments: MLM is very intuitive and easy to use. It's helped us increase the number of clients and decrease time consuming process of loan servicing.

Gestionnaire de Prêts Margill

Aug 18, 2014
5/5
Overall
5 / 5
Ease of Use
5 / 5
Customer Support

Comments: The loan manager Margill is really easy to use and I save time to always respect my deadlines, Margill staff is very kind and understanding.

Margill loan manager

Aug 14, 2014
4/5
Overall
5 / 5
Ease of Use
5 / 5
Customer Support

Comments: Margill is a great and easy loan manager for anyone who's doing loans. It is easy to add or change something. Great tool for any business.

MLM

Aug 14, 2014
5/5
Overall
5 / 5
Ease of Use
5 / 5
Customer Support

Comments: MLM increases productivity, allowing us to spend more time on other important issues

excellent product

Nov 14, 2014
5/5
Overall
5 / 5
Ease of Use
5 / 5
Customer Support

Comments: very user friendly, great customer service, makes managing loans a breeze

Loan Administrator

Aug 15, 2014
5/5
Overall
4 / 5
Ease of Use
5 / 5
Customer Support

Comments: Easy to use and if we need information we get a prompt answer from Margill.