iLoan vs Financial Statements
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
iLoan
This app helps you meticulously track personal loans, whether you're lending money to others or managing your own debts. It records loan details, payments, and balances, and includes an amortization calculator for financial planning. You can also send statements and receipts to borrowers.
- Track loans made to others or personal loans
- Record loan details, interest rates, and dates
- Log and edit payments
- View loan status and payment history
- Generate amortization schedules
- Send loan statements and payment receipts
- "What If" calculator for principal payments
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Have you ever loaned someone money? Have you ever needed to keep track of partial payments on a personal loan? Have you ever had problems maintaining accurate records of payments or keeping track of the loan balance? Or maybe you're making micro-loans. For small personal loans or for becoming your own "personal bank", iLoan is the application for you. iLoan isn't just another financial calculator or amortization schedule. iLoan is an application designed to keep track of your loaned money. Keep track of loans you make to others or your own loans. It even works to keep track of bank loans! It is capable of recording multiple loans, payments on the loans, and the current payoff balance of each. A convenient amortization calculator is included to help you setup your loans. Features: - Enter new loans with origination balance, interest rate, and origination date. - View individual loan status, showing current balance and payment history. - Enter new payments as they're given to you. - Edit existing payments. - Send loan statements to the borrower. - Send payment receipts to the borrower. - Simple amortization calculator gives amortized payment based on entered data and shows the amortization table. - "What If" calculator shows affect of additional principle payments to loan cost. - Data is backed up with your regular iTunes backup. - For extra safety, export your iLoan data to a backup file. - Invite someone else to record payments and send payment receipts on their own device NOTE: iLoan is for personal use only. It cannot be used to facilitate loan or credit applications with any financial institution. **** Think I can do something better? Would a slightly different or new capability increase your rating or motivate you to give me a positive review? Please email me. I'm always open to suggestions! ****
Financial Statements
This application helps business owners and financial professionals create and track key financial documents like income statements, balance sheets, and cash flow statements. It also allows for future business projections and easy sharing of reports via email or local saving.
- Income Statement generation
- Balance Sheet creation
- Cash Flow Statement reporting
- 3-year Profit and Loss Projection
- Save and re-use financial statements
- Email, save, and print reports
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Financial Statements is a simple and efficient financial reporting tool designed for small and medium-sized businesses, as well as accountants, bookkeepers, treasurers and financial planners. It helps you prepare essential financial statements and future projections without relying on spreadsheets or complex software. Everything works seamlessly offline on your iPhone or iPad. What You Get- Ready-to-use, customisable financial workbooks: * Single-Step Income Statement - View revenues and expenses in one place (Profit & Loss) * Multi-Step Income Statement -Separate Gross Profit and Operating Income for deeper analysis * Balance Sheet - Track assets, liabilities, and equity * Cash Flow Statement - Understand cash inflows and outflows * 3-Year Profit & Loss Projection - Plan ahead for service, retail, or mixed business models On iPad, the app also includes Intro and Essentials sheets for quick guidance, while iPhone offers a focused mobile-friendly layout optimised for smaller screens. Key Features: * Edit company details, dates, and figures directly within the sheets * Save and reopen financial statements anytime on your device * Monitor business performance over time * Export reports as PDF or CSV * Share reports instantly with partners, investors, or accountants * Fully offline functionality for secure and uninterrupted use Financial Statements is built for business owners and finance professionals who need accurate, professional financial reports without the cost or complexity of enterprise software.
Screenshots
Verdict
The clearest difference is rating: iLoan at 4.3 against Financial Statements's 1.0. iLoan also leads on in-app purchases (none vs 10) and review sentiment (34% vs 0%). Financial Statements's advantage is update cadence (monthly vs every 3 months). On price, ads, monetization model and device support there is nothing between them.
Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS
iLoan costs $0.99 and Financial Statements $0.99 up front. Financial Statements sells 10 one-off in-app purchases. iLoan asks for nothing beyond the download.
iLoan holds the better App Store score, 4.3 against 1.0. That said, the two scores are not equally well evidenced: iLoan has 7 ratings behind it against 1, so its average is the more settled of the two. Written reviews point the same way: 34% of iLoan's written reviews are positive against 0% of Financial Statements's.
iLoan ships an update every 3 months, Financial Statements monthly. The most recent releases landed on October 29, 2026 and October 20, 2026 respectively.
| Parameter | iLoan | Financial Statements |
|---|---|---|
| Price | $0.99 | $0.99 |
| Rating | 4.3 (7 ratings) — better | 1.0 (1 ratings) |
| Positive reviews | 34.3% of reviews — better | 0.0% of reviews |
| Number of ratings | 7 — better | 1 |
| Update frequency | Every 3 months | Monthly — better |
| Ads | No | No |
| In-app purchases | No — better | Yes |
| Monetization | Paid | Paid |
| Best chart rank | #190 — better | — |
| Devices | iPhone, iPad, iPod | iPhone, iPad, iPod |
| Requires iOS | 15.6 | 15.0 — better |
| Further details — not scored | ||
| Size | 2 MB | 8 MB |
| Age rating | 4+ | 4+ |
| Developer | Varietas Software, LLC | Manu Gupta |
Customer experience
iLoan
Financial Statements
In-app purchases
iLoan
No in-app purchases
Financial Statements
- Email 10 Pdfs$0.99
- Message as Pdf via Facebook, Twitter, WhatsApp and SMS$0.99
- Ability to save and access 10 files from web$0.99
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- Email 10 PDFs via Gmail$0.99
- Email 25 Pdfs$1.99
- Email 50 Pdfs$2.99
- Email 100 Pdfs$3.99
- 500 times Save as, Print and Email$4.99
- 1000 times Save as, Print and Email$6.99
- 10 times Save as, Print and Email$8.99
Questions
Is iLoan free?
Is Financial Statements free?
Which has better reviews, iLoan or Financial Statements?
Do iLoan or Financial Statements have ads?
Which is updated more often, iLoan or Financial Statements?
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