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Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Description

Amortization Pro is a specialized software designed for Windows that facilitates the creation, modification, storage, retrieval, printing, and exporting of comprehensive loan amortization schedules. Users have the ability to compute principal and interest payments, incorporate additional principal payments, modify interest rates, and adjust the dates and amounts of individual payments. Furthermore, it allows for the creation of balloon balances, a review of annual totals and charts, and the option to export schedules in CSV format. This versatile software caters to various financial needs, including mortgages, private loans, seller financing, installment loans, business loans, and other repayment plans. Offered as a Windows desktop application, Amortization Pro comes with a one-time license fee of $25 and provides a free evaluation version for potential users to test its features. Overall, the software is an invaluable tool for anyone needing detailed management of loan repayment schedules.

Description

The challenges posed by bad debts are more pronounced for SME loans compared to other retail financing options. To tackle these issues, it is essential to leverage skilled resources effectively, and no organization does this better than Scorto. There is a pressing need to lower operational costs associated with SME loans while simultaneously enhancing operational efficiency. In light of the intense competition within the SME market, it is crucial to continually refine credit strategies and accurately measure performance. A thorough financial analysis of potential borrowers' businesses is necessary, along with the automation of the SME loan application process. Implementing risk-based pricing is vital, as is conducting comprehensive credit risk assessments throughout the entire loan lifecycle. Companies must also focus on scoring, rating, and segmenting their clients. Additionally, evaluating payment dynamics and assessing credit risk involves estimating crucial parameters such as Probability of Default (PD), Exposure at Default (EAD), and Loss Given Default (LGD), which are necessary for calculating Risk-Weighted Assets (RWA) as per Basel II guidelines. Furthermore, tools for supporting Cross-Sell and Up-Sell decisions should be integrated, along with effective Business Rules and Process Management for SME lending. Regularly automated re-evaluation of default risk and key financial ratios is essential for an accurate analysis of SMEs. This comprehensive approach not only mitigates risk but also fosters growth and stability in the SME lending landscape.

API Access

Has API

API Access

Has API

Screenshots View All

No images available

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

$25 one-time
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Power Of Interest

Founded

1999

Country

United States

Website

www.powerofinterest.com

Vendor Details

Company Name

Scorto

Founded

2001

Country

United States

Website

scorto.com/loan-manager-sme/

Product Features

Product Features

Commercial Loan

Asset Management
Audit Trail
Complex Debt Structures
Dashboard
Document Management
Exposure Management
Lead Management
Pipeline Management
Risk Management
Trend Analysis

Loan Servicing

Accounting Management
Amortization Schedule
Application Management
Auto Loans
Automatic Funds Distribution
Business Loans
Collateral Tracking
Collections Management
Compliance Management
Construction Loans
Customer Database
Fee Management
Investor Management
Loan Processing
Student Loans

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