Transparency: Easily view the terms and payment schedule on seller notes before an SBA loan is funded. Make and track payments easily through a simple online portal.
Easy Setup: Create loans in minutes, set interest rates, loan types, amortization schedules, standby or deferment periods, and fee schedules. Invite your counterparty to accept terms, and link bank accounts for payment.
Automation, driving accuracy and efficiency – eliminate the headaches and errors for everyone that come with manual tracking and payments.
Flexibility & Capability: Handle late / skipped / extra payments…and everything else that can happen with a loan. Revise terms and payment dates if needed
A Trusted 3rd Party Platform with logins and notifications for buyers, sellers, and lenders so everyone stays on the same page.
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“ZimpleMoney was a great tool for us, and helped us make a complicated, manual process simple and easy. We got to skip any back and forth about what had been paid and what was due when. Everything just worked."