Overview
NetLoan is a NetSuite-native loan management and accounting software that automates loan amortization, reconciliation, and journal entries inside your core financial system. NetLoan software is used by finance teams to automate calculations, shorten reconciliation times, and give you a single source of truth for loan data. While some users mention a limitation on loan start dates, most reviews highlight the time savings, accuracy, and reduced close pressure gained from automation. By embedding Netgain’s automation directly into NetSuite, NetLoan removes the security risks and data inconsistencies common with third-party tools.Principal and interest are calculated for you automatically so you can close faster and accurately forecast cash flow.
Netloan Specifications
Financial reporting
Invoice management
Budgeting and forecasting
Bank reconciliation
What Is NetLoan?
NetLoan is a loan lifecycle management solution built natively for NetSuite. It automatically creates complex amortization schedules and provides monthly journal entries that you can import with no spreadsheets or manual uploads.
From origination to final payoff, NetLoan software provides finance teams with immediate access to loan balances, interest costs, and payment schedules. Exponentially increasing forecasting accuracy, ensuring compliance while syncing all loan data with your ERP.
It automates repetitive work, dashboards and scale up a loan operation without hiring more staff. For institutions that are servicing high-value or higher-volume loans, NetLoan decreases operational risk and enhances financial control.
Netloan Pricing
NetLoan pricing is tailored and dependent on your business needs, the volume of loans, and your current NetSuite setup. There is no standard public fee.
You can request a pricing estimate directly from the vendor by submitting a quote.
Who uses Netloan?
- Financial services
- Consumer goods
- E-commerce
- Non-profit organizations
- Retail
NetLoan Software Integrations
Common Netloan integrations include:
- Shopify software
- Magento
- ShipStation
- Jira software
- HubSpot
You may ask for a NetLoan demo to see step-by-step integration flows and data synchronization possibilities.
How Does NetLoan Work?
NetLoan software operates entirely within NetSuite. After installation, loan accounting automation becomes an integral part of your ERP.
You set the loan terms, payment schedules, and interest rates. The system then creates amortization schedules, makes journal entries, and auto-associates payments. Track balances, interest payments, and future obligations without manual reconciliation with real-time visibility.
This minimizes closing time, enhances audit readiness, and maintains all loan data in one location.
Choose NetLoan for Accurate Loan Amortization and Reporting
NetLoan is a good choice if you:
- Manage complex or multi-phase loans
- Process large volume of loans
- Depend on NetSuite as Your ERP System of Record
- Want to get rid of spreadsheets and automate accounting software
- Want accurate forecasting and audit-ready reporting
Netloan Features
Keep all your tracked funded assets and lending information in one central location. NetLoan records from origination docs to payment history, giving you the kind of audit trails and financial control essential for good governance.
The system automates journal entries for principal and interest and connects payments to vendor bills or customer transactions. Variable rates, modifications, and restructures are automatically processed.
NetLoan software integrates billing, payments, and journal entries to streamline reconciliation and minimize month-end differences. Finance teams can also identify issues instantly rather than discovering them in later-stage close reviews.
You get a full amortization schedule and measurements as well as the interest and principal payments. This helps to ensure consistency, and makes it easier to remain in compliance and make informed decisions for future financial planning.
See The Software In Action Watch Free Demo!
NetLoan Software Reviews
Frequently Asked Questions
NetLoan integrates with software such as HubSpot, Shopify software, Jira software, ShipStation, and Magento using Netgain SuperSync connectors.
No, NetLoan software does not have a mobile app.
The platform provides flexible, customized pricing. You can apply for a personalized NetLoan quote to help you through this process.
NetLoan is widely used by finance departments working in e-commerce, financial services, the non-profit sector, consumer goods, and retail.
The platform supports the English language.
