A complete loan management system for regional development companies 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.
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