Loans ©
Mercury Loans is a comprehensive solution for loan management, backed by more than 25 years of experience. Streamline your entire operations cycle—from applications to full loan administration—with up-to-date information on your customers’ principal balances, interest, delinquencies, and fees.
Now by service, you can access it from anywhere in the world with just an internet connection. It’s faster, more modern, and designed to work perfectly on mobile devices.
it includes advanced features such as refinancing, insurance management, GPS, supplier payments, and legal processes.
Loan Applications
Record your loan applications—whether in detail or in a simplified format—with the option to attach digital documents, such as photos, promissory notes, ID cards, vehicle registration certificates, and other documents.
Loan Registration
Easily register your approved loans and automatically generate an amortization schedule for the installments, with the option to apply the interest rate to either the outstanding balance or the paid-off balance. You can make disbursements via bank transfer, check, or cash.
In addition, you will be able to set up additional charges associated with the loan, such as closing costs, GPS, and auto insurance, among others. These charges may be included in the principal of the loan or be treated as separate cash payments , giving you greater flexibility and control.
Loan payments
Make payments on your clients' loan installments, keeping the principal, interest, and delinquency balances up to date. You can also manage the payment of outstanding charges for insurance policy renewals, GPS devices, closing costs, repossessions, legal services, and more—all from a single screen. Additionally, the system allows you to generate payment receipts for clients, either through point-of-sale printers or standard paper printers. You can accept payments in cash, by check, or via bank transfer.
Legal proceedings and seizures
I managed loans with delinquent payments, coordinating legal and repossession processes. In addition, I managed the application of fees related to these procedures, both for billing customers and for paying service providers, including lawyers, tow truck companies, and repossession agents, among others, all of whom can be registered in the system.
Cash Flow Management
Manage the cash flow from customer payments, handling cash, checks, bank transfers, and credit cards.
Loan Disbursements and Fees
Disburse approved loans individually or in batches, using cash, bank transfer, or check. You can also disburse commissions to contacts associated with the loan application.
Document Control
Manage the delivery and tracking of documents related to each loan application, including coordinating the signing of legal documents and letters of commitment, as well as receiving and verifying required documents such as vehicle registration and other necessary supporting documents.
Car Insurance and GPS Management
Efficiently manage customer payments related to auto insurance renewals and GPS services. Keep detailed track of the status of each account, identifying whether payments are pending or have already been made. The module allows you to issue insurance policies, manage related procedures—including accident claims—and perform other related tasks.
In addition, you can manage payments to insurance companies and GPS providers based on the amounts collected from your customers, thereby maintaining organized and up-to-date financial records.
Revenue Forecast
Project the principal and interest income from amortized installments that you are expected to receive on each day of the selected month and year.