FINPACK+
Reduce origination costs, improve compliance, and accelerate loan approvals with FINPACK+, a complete credit management solution.
Prepare spreads; analyze past performance; complete cash flow projections; and finalize credit decisions with a full line up of FINPACK+ tools built to meet your needs.
FINPACK+ Credit Management Solution
Choose the FINPACK tools for your specific underwriting needs or opt for a combined license for both Agriculture and Commercial.
FINPACK+ Agriculture
For agriculture, FINPACK offers a full range of tools to help you analyze every situation. Use FINPACK to develop financial spreads, cash flow projections, collateral analysis, risk rating and much more. Benchmark borrowers to peer farms using FINBIN, the largest farm financial database in the world.
FINPACK+ Commercial
Commercial credit analysis tools in FINPACK use balance sheet and tax return information to evaluate commercial borrowers. Use FINPACK to develop financial spreads, complete a global cash flow, or analyze C&I or CRE credits. Finalize credit decisions with a customized risk rating and loan presentation for commercial credits.
Key Features of FINPACK+ Credit Management Solution
Credit Analysis
Generate the spreads and data you need to evaluate a borrower’s repayment capacity and risk factors.
Past Performance
FINPACK’s credit analysis tools allow you to look at the performance of individual businesses or complete a global analysis.
Projections
Develop annual or monthly cash flow projections, including the capability to run multi-year scenarios.
Credit Quality
Use FINPACK’s credit analysis tools to evaluate the risk associated with the loan request. Complete a collateral analysis and create risk ratings and loan presentation templates to match your credit policies.
Credit Decisions
Efficiently and accurately evaluate credit requests of all sizes. Complete full underwriting for larger, more complex deals or use the customized scorecards for smaller, straightforward requests.
Flexible Tools
Use FINPACK’s suite of tools to meet your credit analysis needs – income and balance sheet spreads, C & I, CRE, Global Cash Flow, Earned Net Worth, Collateral Analysis, Risk Rating and much more.
Workflow
Workflow interacts with all FINPACK+ tools to create a standardized decision process from request to closing, ensuring all steps are completed.
Past Performance
Workflow templates can be quickly built by you, customized to the underwriting and servicing processes of your institution.
Tracking
Easily tracks loan underwriting progress. Provides detailed, streamlined information throughout the process. Progress is easily shared with all members of the credit team.
Documentation
Documents each step of the underwriting process for regulatory and audit tracking purposes.
Verification
Verifies task completion, ensuring all underwriting steps are met.
Assign Tasks
Automatically assign workflow tasks to individuals or teams.
Seamless Integration
Seamlessly interacts with all FINPACK+ tools, creating individual task lists for each staff member working on the loan.
Task Lists
Create, view and manage all tasks required during each stage of the approval process. Additionally, Task Lists can provide ticklers for the life of the loan.
Flexibility
Tasks can be assigned to individuals or groups.
User Specific
The individual user’s dashboard displays their current, past due and upcoming tasks.
Notification
Provides users with an email notification of new tasks and assignments
Prevent bottlenecks
Allows management to monitor credit timeliness and efficiency, with time stamps and reporting.
Tickler System
Reminders for the life of the loan can be initiated, from request through post-closing serving.
Integration
Tasks generated from workflow assignments or specific tasks can be assigned to users as needed.
Document Management
Digitally store and manage all of a customer’s loan-related documents in one place.
Seamless integration
Integrates with workflow templates and allows users to upload documents as tasks are completed.
Go paperless
Convert cumbersome paper files to electronic files with ease.
Customized
Tailored to mimic your current loan file system.
Secure
Encrypted electronic document storage.
Flexible
Upload documents of any type or format.
Automatic
The latest versions of credit analysis reports are automatically generated and stored.
Credit Decisions
Maintain loan decisioning documents and the approval chain for credit presentation packages.
Spreads
Assists with assembling the credit presentation packet for decisioning.
Documentation
Documents the loan approval chain, maintaining a record of comments, conditions, and covenants.
Tracking
Records loan approvals for bank audit and compliance.
Permanent Record
Creates a permanent record of all documents used for credit decisioning.
Hosted Solution
In the Cloud
A SOC 2 compliant solution hosted in the Microsoft Azure Cloud with robust, industry-leading security controls.
Administrative Access
Provides a management portal for IT staff and administrators.
Stay Local
Don’t want to move to a hosted solution? FINPACK credit analysis tools continue to be available as a server-based application.
Work Offline
Going to the customer’s location without internet access? No problem. Download files to a local machine before heading out. Check files in when you return.
Take a tour
Learn more about how FINPACK’s credit analysis tools can make your underwriting process more efficient, reliable and accurate.
“Using FINPACK’s easy-to-read reports helps us build and strengthen relationships with our customers.”
-Dinese Watson, Merchants Bank of Indiana
Learn more
Is FINPACK available as both a web-based and an installed solution?
Can we purchase just the Commercial or just the Agriculture tools?
How long is the contract for FINPACK for Lenders?
What is the cost for FINPACK for Lenders?
FINPACK for lenders is priced based on loan volume. We’ll be happy to provide a quote and/or schedule a demo at your convenience.
How can I learn more about FINPACK for Lenders?
Are there versions of FINPACK available for non-lenders?
Yes, there are versions of FINPACK for producers, professionals, and educators. You can learn more about these versions here.
Take the next step
Request a demo to see what FINPACK+ can do for your organization.