Businesses Increasingly Adopting Moneylender

Our loan software is finding a steadily growing place in core business accounting.  Small and medium businesses are finding all the tools they need to handle their loans, and enterprises are even stepping in to apply Moneylender to their huge volumes of loans.  Moneylender doesn’t care if a loan is $1 or $1B, it just does the math, but for the creators of Moneylender it is a gratifying statement of public approval that billions of dollars are flowing into and out of the software.

...a versatile software system that can handle enterprise-grade volumes of data...

Moneylender has always been useful to small businesses and larger businesses that have a manageable amount of loan data.  In its early days, Moneylender didn’t have the tools and workflows that would make it a viable system for large businesses, businesses that make dozens of new loans every day, or businesses with tens of thousands of loans.  That humble past has given way through constant enhancement, extension, and revision to a versatile software system that can handle enterprise-grade volumes of data for even the biggest businesses.

Small businesses have always used Moneylender.  It was built for doing in-house financing, after all.  But it was capable of a lot more, and lenders throughout the world saw the potential and started to use Moneylender Professional as the backbone of their lending businesses.  Widespread use of Moneylender among small and medium lending businesses gave us the feedback we needed to design an even better loan system.  With the release of Moneylender 3 the new loan system is seamlessly automated, drastically cutting errors and time required to manage and service loans.

The latest version of Moneylender, with its streamlined engine and built for handling voluminous loan data, has garnered the attention and approval of medium businesses and enterprises.  They need to create, payoff and refinance dozens of loans every day.  They maintain thousands of loans with payments, fees, adjustments and interest calculations all being processed through Moneylender’s capable calculation engine.  Moneylender has been the authority in audits, compliance reviews, bankruptcies, and lawsuits time after time.  We’ve now become the backbone to even large enterprises.

Our loan software is well suited for businesses of all sizes.  It has seen such tremendous growth in both capability and use over the 15 years since it was created.  Our thanks to all the lenders out there that have been using Moneylender and telling their friends about us.  We look forward to supporting lenders everywhere in the years to come with our awesome platform and ongoing improvements to it.