(800) 234-1111

FINPACK News

FINPACK Digest: April 2022

by | Apr 26, 2022

FINPACK Digest: April 2022

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.

👉👉👉 Mark your calendars for the next session, which will be October 11th & 12th 📅

Add to Calendar

Contact us for more information.

Latest News
FINPACK Digest – May 2022

FINPACK Digest – May 2022

1. Cover Crop Financial Data Profitability The Environmental Defense Fund (EDF) collaborated with the Center for Farm Financial Management (CFFM) to integrate a new data gathering process into FINBIN — the largest publicly-available farm financial database...

How To Use Tasks To Speed Up Credit Decisions

How To Use Tasks To Speed Up Credit Decisions

Speeding up the credit decision process is vital. While striving to be as methodical and rigorous as possible in their evaluation of every loan request received, lenders need to get to a decision in as timely a fashion as possible. Using a coherent 'tickler' or task...

Using Core Data in FINPACK+

Using Core Data in FINPACK+

https://vimeo.com/705769854/86a95ea1be Wynn Richardson gives an overview of how the FINPACK+ API can connect your core system with FINPACK+. Learn how to import customer, account and loan data from your core system into FINPACK+ to use in a FINPACK credit analysis....

How to Use Portfolio Risk Analyst (PRA)

How to Use Portfolio Risk Analyst (PRA)

Each borrower, be they Ag or Commercial, has their own unique business risks. You also need to know how your entire loan portfolio is positioned to face the volatility of today's business environment. PRA (Portfolio Risk Analyst) creates a database of your Ag or...

How to use Global Cash Flow Analysis

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...