Minnesota farmers experienced a drastic reduction in farm income in 2023 primarily caused by decreasing prices for corn, soybean, and other commodities and challenging profitability for the dairy and hog sectors.
New data, from an external FINPACK Credit Analysis file can be imported into your institution’s
FINPACK+ Credit Analysis file for a customer. This feature allows you to add information, like
a balance sheet or cash flow projection, into an existing Credit Analysis file without overwriting the
remaining contents of the file.
As you prepare for loan renewals at your lending institution, consider these FINPACK tools to help make the process smoother and more streamlined for you and your customer.