LoanTrak Pro

LoanTrak Pro is a web-based solution for small finance offices or credit cooperatives. It handles installment loans, lines of credit, and pledge-based lending. Automated interest calculations support flat or declining methods. The underwriting module stores applicant data, references, and docs. A collection queue organizes overdue follow-ups, logging results in real time. End-of-month statements generate automatically, consolidating interest earned vs. outstanding principal. LoanTrak Pro also offers a borrower portal for payments and statements. Its straightforward interface appeals to community lenders seeking an affordable SaaS tool.

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