Cheqbook Loans
Cheqbook Loans extends Cheqbook’s accounting platform with a dedicated loan servicing add-on. It tracks principal, interest, and fees across multiple loans, syncing transactions with Cheqbook’s general ledger. Payments can be manually entered or auto-deducted from a borrower’s account. Overdue triggers appear in the main dashboard for quick action. An interest summary report shows monthly accrued interest for each borrower. While not as feature-rich as enterprise systems, Cheqbook Loans suits small businesses or investors who do occasional lending and want integrated bookkeeping plus basic loan management in one place.