(800) 234-1111

FINPACK News

FINPACK NEWS Digest – October 2022

by | Oct 25, 2022

FINPACK lenders conference registration is open, the updated Farm Financial Scorecard, lender training, and looking forward to the ABA Ag Bankers Conference

Register for the FINPACK Lenders Conference

The FINPACK Lenders Conference is back in-person! Join us December 13-14 at the Radisson Blu Mall of America for the latest updates in Ag and Commercial lending, what’s new and upcoming in FINPACK credit analysis, and an outstanding lineup of speakers. Of course, you also get to network with fellow FINPACK users and meet the FINPACK team. Learn more and register today!

Updated Farm Financial Scorecard

Economist Devin Brand highlights the updated Farm Financial Scorecard as an easy-to-use resource to benchmark a farm’s financial position and performance against a standard set of ranges from vulnerable to strong.

Connect with FINPACK at the ABA Ag Bankers Conference in Omaha

Join the FINPACK Team at the ABA Agricultural Bankers 70th anniversary Conference in Omaha, November 6-9. FINPACK, Farmer Mac, and Dr. David Kohl will again kick off the event at Sunday afternoon’s pre-conference seminar, “The Price is Right: Do High Prices Equal High Profits”. On Tuesday morning, Bob Craven and Pauline Van Nurden will be hosting a workshop, “Hold Your Horses – How Long Will the Pasture Stay Green?” looking back at 2021 farm financial performance and sharing expectations on cost of production going forward.

FINPACK Lender Training

Thank you to all the participants in the October FINPACK Lender Training. It was great to connect with so many FINPACK users in person here in St. Paul! Watch out for dates to be announced for the next in-person training session in Spring 2023. In the meantime, if you have any questions about any aspect of FINPACK’s tools, check out the online training site, visit the FINPACK Knowledge Base, and of course, please don’t hesitate to reach out to our support team at any time!

In Case You Missed It

A nice story from AgWeb about The State Bank of Faribault, a longtime FINPACK user. The latest addition to the FINPACK Knowledge Base is economist Pauline Van Nurden’s exploration of ways to sleuth Cash Discrepancy Triggers in a financial analysis or Schedule F Cash to Accrual.

Connect with FINPACK

Don’t forget to follow FINPACK on Facebook, Twitter & Instagram, and connect with us on LinkedIn, and subscribe to FINPACK News email updates.

Relationship Manager at FINPACK | 6123011413 | dmaguire@umn.edu | Website | + posts

David Maguire became the FINPACK Relationship Manager in 2021. He helps Ag and Commercial lenders across the country understand the value of using FINPACK for credit analysis and loan management. David has worked in the marketing, training and education fields in Minnesota, Ireland and Germany.

Latest News
New and Improved: Financial Ratios in FINPACK

New and Improved: Financial Ratios in FINPACK

This post highlights the updated financial ratios in FINPACK. The ratio updates are based on the recent updates to the Farm Financial Standards Council's Financial Guidelines for Agriculture. The 2022 release of the Farm Financial Standards Council's (FFSC) Financial...

FINPACK News – November Digest

FINPACK News – November Digest

The FINPACK Lenders Conference is around the corner, the FINPACK 2022 update is live including new monthly Commercial Cash Flow capabilities, and the FINPACK team at the ABA Ag Bankers conference in Omaha! Register Now for the FINPACK Lenders Conference...

The New Monthly Commercial Cash Flow Capability of FINPACK

The New Monthly Commercial Cash Flow Capability of FINPACK

What's New in the Commercial Cash Flow Tool in FINPACK? The 2022 Fall Release of FINPACK adds the capability to complete annual OR monthly cash flow projections for commercial clients. These projections can be for a few months or multiple years. This replaces the...

What’s New in the 2022 FINPACK Update?

What’s New in the 2022 FINPACK Update?

The 2022 FINPACK update brings changes to Tax Forms, incorporates new Financial Standards Measures, introduces a new Cash Flow Projection into our commercial tools and more! Farm Financial Standards Update The FINAN Financial Analysis and FINFLO Cash Flow Projection...

Register Now for the 2022 FINPACK Lenders Conference

Register Now for the 2022 FINPACK Lenders Conference

The FINPACK Lenders Conference is back in-person! Join us December 13-14 at the Radisson Blu Mall of America for the latest updates in Ag and Commercial lending, what's new and upcoming in FINPACK credit analysis, and an outstanding lineup of speakers. Of course, you...