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Servicing Software For Simple Interest Loans

U.S. Rule-Simple Interest

In the fast-paced world of commercial finance, businesses need to know where they stand at any given moment. Monumental business decisions can't wait while data is being processed. FLOATING-RATE gives you the power to provide timely, accurate information on your simple interest loans.

FLOATING-RATE tracks rate fluctuations on a daily basis while accurately calculating interest from receipt date to receipt date, using U.S. Rule-Simple Interest. You don't expect your commercial clients to wait for crucial information. With FLOATING-RATE they won't have to.

The complex calculations for periodic payments and payoffs are instantly available. Payments and late charges can be adjusted, as you require. FLOATING-RATE produces an interest calendar for multi year and automatically allows for leap years.

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Experience a free, personalized loan servicing software demonstration over the Internet.

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