How To Learn FINPACK
FINPACK offers multiple training resources, including in-person, online and customized training options.
Differences in Agriculture and Commercial FINPACK
FINPACK+ has two types of financial analysis tools to analyze credits: agriculture and commercial. This article explains the analysis capabilities for both types of credits, and discusses under which circumstances to use agriculture or commercial credit analysis.
Loan Refinancing in a FINPACK Projection
Refinancing loans is a common strategy for business owners facing reduced profits and tight cash flows. By reviewing repayment capacity measures, you can assess a borrower’s ability to repay debts on time. The Debt Coverage Ratio is a reliable indicator of whether the business generates enough income to cover current interest expenses and all intermediate and long-term debt payments. It is important to realize the calculation of these repayment capacity measures includes non-farm income and debt, so reflect the full picture of the borrower’s debt repayment abilities and do not solely reflect business performance.
Business IQ Assessment
The FINPACK Team is excited to partner with Dr. David Kohl to launch an electronic version of his Business IQ Assessment. This free assessment is available to any farmer, rancher, or businessperson and will help evaluate current business acumen and identify areas for improvement.
FINPACK FAQs from the FINPACK Support Team
Learning FINPACK, update and log-in errors, uploading FINPACK files into FINPACK+, and more in the latest FAQS from the FINPACK support team!
FINPACK News Brief: January 2025
Helping your Ag customers determine costs of production and provide good balance sheet information, the 2025 National School for Experienced Ag Lenders, tools to assist in renewal season, a new FINPACK update, and more!