FINPACK FAQs from the FINPACK Support Team
Checking for FINPACK updates, log-in errors in FINPACK+, and more in this month’s FINPACK FAQs from the FINPACK Support Team!
Navigating Loan Refinancing in an Annual FINPACK Projection
In an era of fluctuating interest rates and evolving market conditions, refinancing remains a critical tool for business owners and agricultural producers alike. Whether the goal is to improve liquidity, capture more favorable terms, or restructure debt during periods...When Cash Flow Fails: The Mechanics of Negative DSCR
Lenders may see an unusual metric as they prepare for renewals: a negative debt service coverage ratio. In this article, we will discuss why this happens, and what to do about it when it does. Debt Coverage Ratio: What is it and why would it be negative? To talk about...Understanding Cross-Collateralization in FINPACK
In complex agricultural or commercial lending, a single asset often secures multiple loans across different collateral analysis groups. The use of cross-collateralizing an asset across multiple credit analysis groups can lead to “double-counting” or...Tools to Assist in the Renewal Season
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.