Loan Trak Pro

A complete loan portfolio management application that tracks loan principal, Interest accruals, payments, late fees, escrow payments, and other fees/costs, charges, or credits. It can also handle all the billing functions for loan accounts with set repayment schedules. The program is useful in maintaining and reporting active loans as well as non-accrual and/or charged off accounts. The software is available in two "flavors" --- the LITE Edition does not include the "Billing" functions/features present in the Standard edition (since I don`t believe in making users pay for capablities they don`t need!), but does include all the necessary functions for basic management of your portfolio. The "LITE" edition will not display the Billing Info and Outstanding Bills tabs on the main data form, and associated "Billing" reports, etc. will be disabled. ALL program functions are operational in Evaluation mode so you can decide if they are useful to you and your organization ... when you register the software you will be issued a "Standard" or "LITE" Edition license based on your order and payment. Some of the major features include: * All account names and account numbers in a Loan Trak Pro file are displayed in a "sortable" (and searchable) listing on the left side of the data form, with the selected account`s data (master Account info, Transactions, Billing Info, and Bills Outstanding) shown on the right. * The improved "search functions" allow you to locate individual records quickly (Account, Transaction, Billing Info or Outstanding Bills), even in large files. * Interest can be accrued using an exact days 365/365, 365/360, or equal 30-day months 360/360 accrual basis for each individual Account. Starting with version 4 you can also choose Between a fixed or floating interest rate type.