From April: FINPACK Credit Analysis Tools for commercial customers, an overview of Global Cash Flow Analysis, celebrating ICBA Community Bank Month, and training workshops update.
1. FINPACK Credit Analysis Tools for Commercial Customers
FINPACK offers credit analysis solutions for both Agricultural and Commercial credits. If you’ve been using FINPACK primarily for Ag credits and your Commercial portfolio has been growing, now might be the time to look at FINPACK Commercial Credit Analysis tools.
2. How to use Global Cash Flow Analysis
Global Cash Flow Analysis is a widely used financial analysis tool to evaluate more complex borrowers. The Global Cash Flow Analysis tool included in both the Ag and Commercial versions of FINPACK calculates a global debt coverage ratio when commingling the primary business, any secondary businesses, and personal funds occurring within a closely held business. Learn more from our recent piece on How To Use Global Cash Flow Analysis or contact us for more information.
Identify the primary business — in this example, it’s a farm, so we use the Schedule F — then add any other business(es) they might have. In this case, they have a trucking company, so we add the Schedule C; some rental property, so we add the Schedule E; and then lastly, we add any individual or guarantor tax return information.
3. ICBA Community Bank Month
FINPACK is proud to be the credit analysis solution of choice for hundreds of community bank across the country. We are pleased to support the good work community banks do, and join ICBA in celebrating their contributions. Learn more about banking locally!
4. Training Workshops
The May 10 -11 FINPACK training workshop for agricultural and commercial lenders is full and registration has closed.
Add to Calendar??? Mark your calendars for the next session, which will be October 11th & 12th ?
Contact us for more information.
David Maguire 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.