Peak InfoSystems TrakLoan

A complete loan management system for regional development companies

Current Version 1.1.3   License $200.00 USD
If you installed an earlier version of TrakLoan, click HERE for upgrade information.

TrakLoan is a loan management system designed specifically for local and regional development companies that make loans to local businesses and borrow, in turn, from government or other agencies. The system was developed and tested over a two-year period by Peak InfoSystems, Inc. at Pikes Peak Regional Development Company in Colorado Springs, Colorado.

TrakLoan maintains a database of accounts, loan types, and a journal of payments and disbursements.

The TrakLoan operator enters payments or disbursements into the journal as they are made at various times during the month or other fiscal period.

At the end of each period the operator clicks the  [Post Journal] button and TrakLoan posts the journal. Posting updates the account records with the transactions in the journal and produces a posting report that shows the status of each loan before and after posting.

Each account is shown on the posting report. If an account had transactions during the period, each transaction for the account is printed showing days since the last transaction, transaction amount, interest accrued, interest paid, principal paid, unpaid interest due, and the current principal balance. If an account had no transactions, accrued interest is computed, printed, and added to the unpaid interest total. All accounts are brought up to date as of the posting date so that you get an accurate figure for interest accrued during the month or other accounting period.

Posting also produces a summation of totals for each loan type of interest accrued, interest paid, principal paid, current loan balance and unpaid interest.

The journal is erased after posting and made ready for the next fiscal period’s entries.

TrakLoan also:

  • Instantly computes a payout amount for any date – the payment necessary to close the account as of that date.

  • Tracks overdue accounts and gives you a listing of accounts with overdue payments.

  • Prints IRS forms 1098.

  • Prints mailing labels.

TrakLoan Manual and
90 Day Trial Version

 

A complete 56 page TrakLoan manual in Acrobat Reader format is available for here. If you don't have a copy of Acrobat Reader, there's a link on our main page that will let you obtain one. Acrobat Reader will let you read the manual on screen or print a copy on  your printer. We recommend you download and read the TrakLoan manual before attempting to install and use the software.

 

 

You can download a 90 day trial version of TrakLoan by clicking this button. The zipped TrakLoan file is about 6071 Kilobytes in size.

 

Registration

After a 90 day trial period, Trakloan will cease functioning unless you've registered it through Softwrap. The package comes with an internal registration capability. You don't need to return to our web site for registration. Just click the "Buy Full Version" button on the nag screen.