Monthly distributions calculated to the cent — and approved by two people.
Distribution day used to mean a spreadsheet and a stack of cheques. Amortivo works out what each lender earned from interest actually collected, holds what wasn't paid, applies fees and produces the EFT file — after a second person approves.
Step by step
- Start the runChoose the pay date, the account and the collection period.
- Review the linesInterest earned, held and to pay per lender, with sub-investors and referral fees.
- Submit for approvalThe preparer can't approve their own run when dual control is on.
- Approve and payThe EFT file and cheques are produced, statements emailed and trust updated.
What changes
- Distribution day takes minutes
- Held amounts and fees never forgotten
- Two people approve every payout
Used by
- Mortgage administrators
- MICs
- Syndicators
Capabilities
Collected-interest basis
Lenders paid from what borrowers actually paid.
Held shares
Shares on unpaid loans held and released automatically when collected — or advanced, by policy.
Management and referral fees
Applied per lender, including fees on held shares deducted at release.
Partial-interest lenders
Pay part monthly and accrue the rest.
EFT and cheques
CPA-005 credit file and printed cheques on your stock.
Statements
A statement for every lender, every run.
Questions about investor distributions
Who keeps the spread?
The difference between the borrower's rate and each lender's rate stays with the company and is shown on every run.
Works together with
Lender & investor management
Lender and investor profiles with capital committed, deployed and available, positions by loan, sub-investors, payout preferences and banking with two-person changes.
Learn more →Trust ledger
A trust ledger posted automatically from payments, advances and distributions, with sub-ledgers for each lender, the company, borrower reserves and holdbacks.
Learn more →Investor statements & T5s
Lender statements for every distribution, annual statements and T5 preparation from interest actually paid, with the $50 threshold applied.
Learn more →See your loan book in Amortivo.
A 30-minute walkthrough with your own scenarios — origination to investor payout.