Track every business loan in one place. Enter the loan details once and Kantivo auto-generates the full amortization schedule, splits each payment into principal and interest, and posts the journal entries for you.
Try It FreeBusiness loans, equipment financing, vehicle notes, lines of credit, and SBA loans all have one thing in common: every single payment needs to be split correctly between principal reduction and interest expense. Get the split wrong and your balance sheet liability is overstated, your interest expense is misstated, and your profit figures are unreliable.
Kantivo's Loan Manager eliminates the manual work. Enter the loan terms once — principal, rate, term, start date, and payment frequency — and the system builds the complete amortization schedule automatically. Each time you record a payment, the correct debit to the loan liability account, credit to cash, and debit to interest expense are posted to your books without any manual calculation.
Enter principal amount, interest rate, term length, start date, payment frequency, and select the loan type. Kantivo handles the rest.
The full amortization table generates instantly — every payment date, payment amount, principal portion, interest portion, and running balance.
Mark each payment as paid from the schedule. Kantivo auto-creates the journal entry with the correct principal and interest split for that payment.
The loan dashboard shows current outstanding balance, total paid to date, percentage paid down, and any overdue payments highlighted in red.
Configure every detail of the loan when you add it to Kantivo. Supports all common business loan structures.
Kantivo calculates the complete payment schedule the moment you save the loan — no formulas to enter, no spreadsheet to maintain.
Recording a payment takes one click. Kantivo generates the complete journal entry based on that payment's exact principal and interest amounts.
Always know exactly where each loan stands without opening a spreadsheet or calling your lender.
Different loan types behave differently. A term loan amortizes on a fixed schedule. A line of credit has a revolving balance with interest-only payments until draws are repaid. Kantivo supports seven distinct loan types so the payment behavior and GL treatment match what your lender actually charges you.
When you select a loan type, Kantivo applies the correct payment calculation method for that structure. The liability accounts on your balance sheet stay accurate month over month, and your interest expense flows correctly to the income statement without any manual intervention.
Whether you are an owner managing your own books or an accountant overseeing multiple client companies, Loan Manager scales with you. Each company maintains its own loan register. Payments flow directly into the double-entry ledger, so nothing is ever out of sync between the loan schedule and the trial balance. At year-end, your lender statements will reconcile cleanly to the liability balances on your books.
Kantivo supports seven loan types: term loan, line of credit, mortgage, vehicle loan, equipment financing, SBA loan, and other. Each type can be configured with the appropriate interest rate, term, and payment frequency for your specific loan agreement.
Yes. You can record additional principal payments beyond the scheduled amount. When you do, Kantivo applies the extra amount to the loan balance and recalculates the remaining schedule so future payment splits stay accurate. The journal entry is created automatically with the correct principal and interest breakdown.
When you set up a loan, you map it to three accounts: the loan liability account (a long-term or current liability), the interest expense account, and the cash or bank account payments are drawn from. These can be any accounts in your chart of accounts. The default setup uses standard loan payable and interest expense accounts, but you can customize the mapping per loan.
Yes. When adding an existing loan, you can enter the current outstanding balance rather than the original principal. Kantivo will generate the amortization schedule from that balance forward. You can also enter the original terms and mark past payments as paid to build a complete history in the system.
Each loan is recorded as a liability on your balance sheet using the account you designate during setup. As payments are recorded, the liability balance decreases by the principal portion of each payment. The balance sheet will always reflect the current outstanding principal owed, keeping your financials accurate at any point in time.
Start your free 30-day trial. Set up your first loan and let Kantivo generate the full amortization schedule in seconds.