Margill
For specialty lenders with complex calculation requirements operating in cost-sensitive environments.
Overview
Margill is assessed in the Finantrix buyer's guide to Loan Servicing Platforms for Specialty Finance Companies, where it is rated Strong Contender. This profile was compiled by Finantrix editors from that assessment; Margill has not claimed it.
Best for: Specialty lenders with complex calculation requirements operating in cost-sensitive environments.
Strengths: Choose it when the calculations are the hard part. The specialty finance focus covers complex amortization schedules and fee calculations, the calculation engine handles irregular payment structures well, and it is cost-effective with flexible licensing.
Considerations: Everything around the calculation is dated. Integration capabilities are limited, the user interface design is older, and reporting functionality requires technical expertise to customize effectively.
