Moneylender Desktop runs for free in demo mode until you buy a license. In demo mode, your data is saved, but you’ll only see the first letters of borrower and lender text, and only the first three payments will affect the balance on a loan. If you enter more payments they’re saved, but you’ll only see the first three.
Supported Windows Operating Systems:
Moneylender Professional is one of the longest running and most battle tested loan servicing systems on the market that has been under continuous development. Among the scores of loan servicing software offerings available, we’ve been doing it longer and with greater consistency than most. Thanks to all the lenders that have been using Moneylender in their businesses all over the world, our system has a ton of off-the-shelf features to make tracking and servicing your loans nearly effortless.
“Among the scores of loan servicing software offerings available, we’ve been doing it longer and with greater consistency than most.”
You can use the free demo version of our software to set up some of your real loans to get a feel for how the program works. You can run reports to see the real numbers and play with the settings. You can generate statements of all types to see how it works. Customize your statements and reports to get a feel for how those systems give you deep access to the math of your loans and the information you stored in the borrower and loan records. Lean on the User’s Guide to get full insight into how each piece of the system works to give you full control and automation.
Download Moneylender for free right now and start playing with the system today. When you enter a borrower’s information, it’s separate from loan records. So you can make a loan that’s tied to the borrower, mess with the loan settings a bunch to see what happens (run the Ledger Transactions report and look at the individual accounts to see how Moneylender’s calculator is turning your settings into the actual math on the loan), and if you need to, delete the loan entirely and make a new loan to reset the settings to mostly default values without having to re-enter the borrower details too.
“If you need to fix a typo in a payment from six months ago, you just fix that payment.”
Of course, you never actually NEED to delete anything. Every record you create can be modified at any time and the calculation engine will properly readjust the loan calculations. If you need to fix a typo in a payment from six months ago, you just fix that payment. You don’t need to delete and re-add all the subsequent payments. Many people coming over to Moneylender from other loan servicing software are in the habit of deleting and reentering records when they need to make changes. That’s NEVER the case in Moneylender — just fix whatever’s incorrect.
Our customer support is pretty unique, too. Whitman Technological, the company that makes Moneylender, is pretty much just the owner, Josh Whitman. He’s almost always at his desk working on this software or some other random project. If something’s gone wrong, or you want to know an easier way to do something in Moneylender, or you have questions about lending in general, or the math isn’t mathing, just email or call. The customer support is something he really likes doing — helping to tune Moneylender Professional to the unique and interesting ways people are using the program.
“If something’s gone wrong … or the math isn’t mathing, just email or call.”
He made a bunch of YouTube videos to help you get up and running and oriented to the program, too. Check ’em out in roughly this order if you’re new to Moneylender:
Moneylender Desktop has no per-loan costs and no recurring costs. With one license of the software you can have tens of thousands of loans. Most lenders with that many loans tend to have a few licenses because that much data takes a team to manage, but technically you could have one captain at that helm and still navigate the ship successfully. Plenty of single-person operations have 500+ loans they manage by themselves with Moneylender.