Registration is now open for the next in-person FINPACK Lender Training session, May 21st & 22nd, right here on the University of Minnesota, St. Paul campus. FINPACK lender training offers lenders two days of practical, hands-on training with insights into all the components of FINPACK.

In the commercial lending world, the uniform credit analysis (UCA) cash flow is a powerful tool allowing lenders to accurately determine sources and uses of cash for a business and determine the ability of a business to repay a loan. Economist Mariah Beverly discusses UCA cash flows in FINPACK, how to use the UCA cash flow, and how to sleuth for discrepancies in the UCA cash flow.

New data, from an external FINPACK Credit Analysis file can be imported into your institution’s FINPACK+ Credit Analysis file for a customer. This feature allows you to add information, like a balance sheet or cash flow projection, into an existing Credit Analysis file without overwriting the remaining contents of the file. The import process in FINPACK+ utilizes the Working Folder as part of the process.

FINPACK Credit Analysis allows users to consolidate the balance sheets or tax forms from several different data files into a consolidated file. For example, when a farm or business has multiple entities for tax reasons, but these entities are controlled by the same owner(s). Economist Pauline Van Nurden details the steps in the process, from identifying entities to output.

FINPACK offers multiple training resources, including in-person, online and customized training options. Learn more about the various tools and resources available to FINPACK users to help them get the most out of FINPACK.

Adam Moua and Kevin Hamilton from the FINPACK Support Team answer some frequently asked FINPACK questions. Check back regularly for more FINPACK FAQs. In the meantime, if you have any questions about any aspect of FINPACK, please don’t hesitate to contact us!