TractTerm pricing: what each tier costs

TractTerm costs $149, $349, or $749 per month depending on how many loans you track. Starter covers up to 10 loans, Growth up to 40, and Pro has no loan cap. Every tier includes unlimited users, so the price moves with the size of the debt book and not with how many people at your shop need to look at it.

That single meter is the whole pricing model. Most tools in this category either quote by conversation or bill per seat, and both create the same problem for a borrower-side team: the person who owns the debt book wants their controller, their analyst, and their principal in the system, and a per-seat price makes that a budget decision instead of an obvious one.

What you get at each tier

Starter is the full debt tracking system, not a stripped demonstration of one. It carries the loan register with each loan's real structure, fixed and floating rate tracking with SOFR history and a forward rate-reset calendar, the rate-cap register with early warning when a cap expires before its loan matures, DSCR computed twice under both the lender's adjustment rules and yours, LTV and debt yield, the covenant register with headroom and breach flags, the reporting-deliverable calendar, the portfolio maturity calendar, prepayment penalty records, exports, bulk spreadsheet import, alerts, the document repository, and an immutable audit trail. Ten loans is the ceiling.

Growth adds the things that arrive with larger structured loans: compliance certificates generated from data already in the system, a guarantor register with non-recourse carve-out trigger tracking, and extension options with their conditions, notice deadlines, fees, and eligibility testing against covenant and rate-cap state. The loan ceiling goes to 40.

Pro removes the loan limit and adds AI-assisted loan document abstraction, where every extracted term is held for your review and confirmation before it goes live, plus lender reporting package assembly.

How the annual and multi-module discounts work

Annual billing is $1,484 for Starter, $3,476 for Growth, and $7,460 for Pro. Each is roughly 17% below paying monthly for a year.

TractTerm is one module of Composed Studio, and the platform applies a discount based on how many paid modules your organization runs. Two active modules take 15% off each one, three take 20%, and four or more take 25%, which is the ceiling. That discount applies across your whole subscription rather than to a named pairing, and it stacks with annual billing. For a TractTerm customer who also runs Atlasafe, the practical effect is 15% off both.

What the price does not include

TractTerm never moves money. There are no payment rails, no escrow custody, and no disbursement execution, by a permanent architectural decision rather than a roadmap gap. It records that money moved elsewhere. If you are looking for a system to make your debt service payments, this is not that product at any tier.

TractTerm is also not a lender, originator, underwriter, or servicer. It computes covenant tests from the terms and financials you enter and surfaces headroom and deadlines early, but the lender makes every determination about compliance and every credit decision under the loan documents. That boundary is the same at $149 and at $749.

There is no free tier. The reasoning is in the open: a borrower-side debt system has no viral motion for free accounts to feed, since nobody invites their lender into a free account and portfolios do not spread from one organization to another.

Which tier fits

Count your loans, not your people. A single-property owner or a small partnership with a handful of bank loans sits comfortably in Starter. The move to Growth is usually triggered by structure rather than volume, because guaranties, extension options, and certificate obligations tend to show up together once loans get larger. Pro is for multi-entity operators with a document-heavy onboarding and recurring lender reporting.

If you are currently running the debt book out of a loan covenant tracking spreadsheet, the honest comparison is not the monthly fee against zero. It is the fee against the cost of one missed reporting deadline that the loan documents treat as its own default event, which is the failure mode described in what happens if you breach a loan covenant. Most borrowers who look at this seriously are pricing insurance against a category of surprise, and the covenant mechanics behind that are covered in commercial real estate loan covenants.