Small Business Loans for Accounting

Free computer software for accounts professionals; small businesses loaned money.

Free interest checking software for accountant professionals (I-TPro) can be downloaded from www.interest-tracker.co.uk

Banks have refunded large sums to clients when charges have been challenged using this software. The software finds out if there are overcharges before incurring any costs. The software emulates the format banks and building societies use.

Until now accountants have not been able to offer bank charge auditing services to clients as no software programme has been available to them.

This free software can handle any type of interest check. Fluctuating rate or fixed rate tracking on bank loans, overdrafts, mortgages or deposit accounts. Checking cleared balances, consolidating several accounts, calculating consolidation charges, hard core borrowing charges. The software can be set to cope with every known bank or building society interest charging algorithm.

Small Business Loans Checks Interest Tiers

The software can start checking from any date in the past.

This powerful software can also check five debit interest tiers simultaneously and cope with interest on credit balances at the same time. The software uses multiple regression to work out the compounding effect on overcharges.

A simple key stroke tells the software to check the last charging period. It then states whether there is an overcharge or an undercharge during that period.

If technical support for the software is required the software must be registered at a cost of £85.00. If overcharges are found and a claim for a refund is planned it will be necessary to obtain a multiple regression report compounding the effect of past overcharging. For this the data files must be emailed or sent on disc to BCAR who will email the multiple regression report back in five working days.

Reports covering any length of period cost £85.00.

More information is available on the website, www.interest-tracker.co.uk

There is a search engine on the site to save time on line.