Navigating Loan Refinancing in a Monthly FINPACK Projection

With renewal season in full swing, it is likely that some farmers are looking to refinance loans for better terms, interest rates, or to improve their cash flow. In a previous post , we discussed how to refinance loans in a FINPACK Annual Cash Flow Projection. In...

How To Learn FINPACK

FINPACK offers multiple training resources, including in-person, online and customized training options.

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...