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NetLoan by Netgain

By Netgain Solutions

4.9 out of 5 stars
4 star
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3 star
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2 star
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1 star
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How would you rate your experience with NetLoan by Netgain?

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NetLoan by Netgain Pros and Cons: Top Advantages and Disadvantages

Quick AI Summary Based on G2 Reviews

Generated from real user reviews

Users praise the reporting features of NetLoan, highlighting time-saving benefits and ease of generating detailed reports. (4 mentions)
Users value the simple navigation of NetLoan, making loan reconciliation and management quick and effortless. (4 mentions)
Users praise the ease of use of NetLoan, highlighting its streamlined process for managing loans and reports. (3 mentions)
Users praise the intuitive design of NetLoan, finding it streamlined their loan management workflows significantly. (2 mentions)
Users appreciate the intuitive loan management system of NetLoan, bringing efficiency and ease to their workflows. (2 mentions)
Users value the paperless documentation of NetLoan, significantly enhancing efficiency in loan management and reporting processes. (2 mentions)
Users appreciate the exceptional customer support from Netgain, making implementation smooth and stress-free. (1 mentions)
Users face loan linking issues, wishing for better referencing and organization of loan names in journal entries. (1 mentions)

Top Pros or Advantages of NetLoan by Netgain

1. Reporting Features
Users praise the reporting features of NetLoan, highlighting time-saving benefits and ease of generating detailed reports.
See 4 mentions

See Related User Reviews

WW

Walker W.

Mid-Market (51-1000 emp.)

4.5/5

"Implementation was smooth and customer assistance was great. Product works as desired."

What do you like about NetLoan by Netgain?

Ease of use once implemented. The implementation team will help with getting all of your loans set up correctly and reconciling to your current setup.

Reagan H.
RH

Reagan H.

Mid-Market (51-1000 emp.)

5.0/5

"Time Saver and Efficiency Gain"

What do you like about NetLoan by Netgain?

NetLoan took a very manual and time-consuming process of reconciling loans in excel and creating monthly journal entries, into an easy monthly process

2. Simple Navigation
Users value the simple navigation of NetLoan, making loan reconciliation and management quick and effortless.
See 4 mentions

See Related User Reviews

WW

Walker W.

Mid-Market (51-1000 emp.)

4.5/5

"Implementation was smooth and customer assistance was great. Product works as desired."

What do you like about NetLoan by Netgain?

Ease of use once implemented. The implementation team will help with getting all of your loans set up correctly and reconciling to your current setup.

Katia A.
KA

Katia A.

Mid-Market (51-1000 emp.)

5.0/5

"Seamless Integration and Outstanding Team Support"

What do you like about NetLoan by Netgain?

The best part of working with NetLoan was the exceptional support from the NetGain team throughout the implementation. Their expertise, responsiveness

3. Ease of Use
Users praise the ease of use of NetLoan, highlighting its streamlined process for managing loans and reports.
See 3 mentions

See Related User Reviews

WW

Walker W.

Mid-Market (51-1000 emp.)

4.5/5

"Implementation was smooth and customer assistance was great. Product works as desired."

What do you like about NetLoan by Netgain?

Ease of use once implemented. The implementation team will help with getting all of your loans set up correctly and reconciling to your current setup.

Reagan H.
RH

Reagan H.

Mid-Market (51-1000 emp.)

5.0/5

"Time Saver and Efficiency Gain"

What do you like about NetLoan by Netgain?

NetLoan took a very manual and time-consuming process of reconciling loans in excel and creating monthly journal entries, into an easy monthly process

4. Intuitive Design
Users praise the intuitive design of NetLoan, finding it streamlined their loan management workflows significantly.
See 2 mentions

See Related User Reviews

JB

Jake B.

Mid-Market (51-1000 emp.)

5.0/5

"5/5 – Huge Time Saver and Excellent Implementation Experience"

What do you like about NetLoan by Netgain?

We've recently implemented NetLoan by Netgain, and the experience has been outstanding. Compared to our prior implementation of NetSuite, this was sig

Katia A.
KA

Katia A.

Mid-Market (51-1000 emp.)

5.0/5

"Seamless Integration and Outstanding Team Support"

What do you like about NetLoan by Netgain?

The best part of working with NetLoan was the exceptional support from the NetGain team throughout the implementation. Their expertise, responsiveness

5. Loan Management
Users appreciate the intuitive loan management system of NetLoan, bringing efficiency and ease to their workflows.
See 2 mentions

See Related User Reviews

JB

Jake B.

Mid-Market (51-1000 emp.)

5.0/5

"5/5 – Huge Time Saver and Excellent Implementation Experience"

What do you like about NetLoan by Netgain?

We've recently implemented NetLoan by Netgain, and the experience has been outstanding. Compared to our prior implementation of NetSuite, this was sig

NY

Natalie Y.

Mid-Market (51-1000 emp.)

4.5/5

"Reliable and simple loan management !"

What do you like about NetLoan by Netgain?

We have been using Netloan for like a year or so and i really liked the internal and externals loan management system. Its integration with netsuite i

6. Paperless Documentation
Users value the paperless documentation of NetLoan, significantly enhancing efficiency in loan management and reporting processes.
See 2 mentions

See Related User Reviews

Reagan H.
RH

Reagan H.

Mid-Market (51-1000 emp.)

5.0/5

"Time Saver and Efficiency Gain"

What do you like about NetLoan by Netgain?

NetLoan took a very manual and time-consuming process of reconciling loans in excel and creating monthly journal entries, into an easy monthly process

JB

Jake B.

Mid-Market (51-1000 emp.)

5.0/5

"5/5 – Huge Time Saver and Excellent Implementation Experience"

What do you like about NetLoan by Netgain?

We've recently implemented NetLoan by Netgain, and the experience has been outstanding. Compared to our prior implementation of NetSuite, this was sig

7. Customer Support
Users appreciate the exceptional customer support from Netgain, making implementation smooth and stress-free.
See 1 mentions

See Related User Reviews

Katia A.
KA

Katia A.

Mid-Market (51-1000 emp.)

5.0/5

"Seamless Integration and Outstanding Team Support"

What do you like about NetLoan by Netgain?

The best part of working with NetLoan was the exceptional support from the NetGain team throughout the implementation. Their expertise, responsiveness

Top Cons or Disadvantages of NetLoan by Netgain

1. Loan Issues
Users face loan linking issues, wishing for better referencing and organization of loan names in journal entries.
See 1 mentions

See Related User Reviews

Reagan H.
RH

Reagan H.

Mid-Market (51-1000 emp.)

5.0/5

"Time Saver and Efficiency Gain"

What do you dislike about NetLoan by Netgain?

A very minor detail, I wish there was a way to link multiple asset numbers to one loan. The work around we have to this is that I have labeled all

NetLoan by Netgain Reviews (10)

Reviews

NetLoan by Netgain Reviews (10)

4.9
10 reviews
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Katia A.
KA
Accounting Supervisor
Mid-Market (51-1000 emp.)
"Seamless Integration and Outstanding Team Support"
What do you like best about NetLoan by Netgain?

The best part of working with NetLoan was the exceptional support from the NetGain team throughout the implementation. Their expertise, responsiveness, and willingness to walk us through every step made a complex integration feel effortless. They truly acted as partners in the process—not just vendors—and their attention to detail and proactive communication gave us full confidence from start to finish. Review collected by and hosted on G2.com.

What do you dislike about NetLoan by Netgain?

There’s honestly nothing to dislike. Everything worked as expected, and any questions we had were quickly addressed by the team. Review collected by and hosted on G2.com.

JB
Mid-Market (51-1000 emp.)
"5/5 – Huge Time Saver and Excellent Implementation Experience"
What do you like best about NetLoan by Netgain?

We've recently implemented NetLoan by Netgain, and the experience has been outstanding. Compared to our prior implementation of NetSuite, this was significantly smoother, faster, and less stressful. The Netgain team clearly understands the nuances of loan tracking and automation, and it showed throughout the setup process.

The platform itself is intuitive and has already helped us save a tremendous amount of time on our loan management workflows. What used to be manual and error-prone is now streamlined and accurate. The time savings alone make this tool worth every penny.

Highly recommend for any finance team looking to simplify and elevate their internal loan tracking and reporting processes! Review collected by and hosted on G2.com.

What do you dislike about NetLoan by Netgain?

It can be hard to learn because the system is so advanced. Review collected by and hosted on G2.com.

WW
Controller
Mid-Market (51-1000 emp.)
"Implementation was smooth and customer assistance was great. Product works as desired."
What do you like best about NetLoan by Netgain?

Ease of use once implemented. The implementation team will help with getting all of your loans set up correctly and reconciling to your current setup. Once you've implemented NetLoan, adding new loans, adding additional principal payments, and running monthly journals are a breeze. The reporting is useful as well. Review collected by and hosted on G2.com.

What do you dislike about NetLoan by Netgain?

No complaints. The implementation was more detailed than other NetGain products we've implemented, but the implementation team assists with all of the details requested. Review collected by and hosted on G2.com.

Reagan H.
RH
Controller
Mid-Market (51-1000 emp.)
"Time Saver and Efficiency Gain"
What do you like best about NetLoan by Netgain?

NetLoan took a very manual and time-consuming process of reconciling loans in excel and creating monthly journal entries, into an easy monthly process. With a few clicks you make the monthly journal entries for all your loans at one time, and you release your month bills for each of the loans.

Setting up a new loan is incredibly fast and easy. Our company tends to use the same lenders so we've set up a lender template and we only need to update the loan specific items.

I was able to consolidate balance sheet accounts from a different accounts for each loan to one account for each lender. The detail is easily gained from NetLoan register.

As we are completing year-end audit, the reports we were able to provide to the auditors were such a timesaver. They generated reconciling reports and details for each loan. In 2023, debt was an area we struggled to provide everything the auditors needed in a timely, concise format. In 2024, this was something we could provide quickly and easily. It was such a difference.

I worked with Hayden through implementation. He was patient and very knowledgeable. Since I have had to reach out to him for help once and he was very willing to jump on a call to assist. Review collected by and hosted on G2.com.

What do you dislike about NetLoan by Netgain?

A very minor detail, I wish there was a way to link multiple asset numbers to one loan. The work around we have to this is that I have labeled all assets in the text fields.

I wish the journal entries would reference the loan name rather than the loan ID. This is a lesson learned, I allowed the system to auto name the loans and I may go back and rename the loans to something more meaningful to me as I look at journal entries. Review collected by and hosted on G2.com.

NY
Accountant
Mid-Market (51-1000 emp.)
"Reliable and simple loan management !"
What do you like best about NetLoan by Netgain?

We have been using Netloan for like a year or so and i really liked the internal and externals loan management system. Its integration with netsuite is a good addition. Also the new joinees could able to learn using it relatively quicker due to its simple user interface and documentation. Review collected by and hosted on G2.com.

What do you dislike about NetLoan by Netgain?

I found that allowing more flexibility for loan start dates can make it better. Review collected by and hosted on G2.com.

SN
Mid-Market (51-1000 emp.)
"Great product and excellent support"
What do you like best about NetLoan by Netgain?

How easy it is do manage monthly transactions. Review collected by and hosted on G2.com.

What do you dislike about NetLoan by Netgain?

Nothing comes to mind, we have not run into anything. Review collected by and hosted on G2.com.

KG
Mid-Market (51-1000 emp.)
"Easy Implementation and Easy to Use"
What do you like best about NetLoan by Netgain?

Ease of inputting the data, simple to review the schedules and post entries to the general ledger. Not being a loan expert, I was able to follow the process and understand the entries being created thanks to the team at NetGain and the NetLoan tool itself. Review collected by and hosted on G2.com.

What do you dislike about NetLoan by Netgain?

So far we have not experienced any downsides. There have been many updates to account for with the tool but that is a factor of NetGain continuing to improve the product which is appreciated. Review collected by and hosted on G2.com.

June Y.
JY
Corporate Controller
Mid-Market (51-1000 emp.)
"Excellent Loan Management Software"
What do you like best about NetLoan by Netgain?

The schedule can be customized to match precisely your excel calculated, so there is no difference if you migrate existing schedule to the system. Review collected by and hosted on G2.com.

What do you dislike about NetLoan by Netgain?

We have not found anything we don't like about it yet. Review collected by and hosted on G2.com.

DC
CFO
Mid-Market (51-1000 emp.)
"Makes my life easier!"
Describe the project or task NetLoan by Netgain helped with:

We are a growing company with over 40 different equipment financing arrangements. Prior to implementing NetLoan we tracked everything in Excel. Monthly payments were never recorded with the correct principal and interest break out and all accounts had to be manually reconciled to the bank quarterly before I could prepare the debt roll-forward. Now all loan payments are recorded accurately each month with just a few mouse clicks. There is a built-in debt roll-forward report that I can run at any time and download to Excel. This has absolutely made my life easier. Review collected by and hosted on G2.com.

What do you like best about NetLoan by Netgain?

The debt-roll forward report is extremely helpful. Review collected by and hosted on G2.com.

Don C.
DC
Vice President, Finance and Operations
Small-Business (50 or fewer emp.)
"Automated and Simple"
Describe the project or task NetLoan by Netgain helped with:

Handling loan amortization in NetSuite is complicated and painful. We were looking for a way to automate the day-to-day loan transactions, and NetLoan was the perfect fit. Review collected by and hosted on G2.com.

What do you like best about NetLoan by Netgain?

NetLoan allows for all monthly transactions to be handled with just a few clicks of the mouse. Great audit trail, and an incredibly well built SuiteApp. Review collected by and hosted on G2.com.