FINPACK News + Insights

FINPACK NEWS September Digest

by | Sep 28, 2023

Registration is open for the 2023 FINPACK Lenders Conference AND Lender Training in October, Tools for Cashflow Planning, Calculating Total Debt Coverage, the FINPACK Flyover & more!

Register today for the 2023 FINPACK Lenders Conference, December 13-14 at the Sheraton Bloomington Hotel in Bloomington, MN! Join us for two days of the latest updates in ag and commercial lending with Hunt Shipman, Blaine Nelson, Eric Guttormson, and the return of David Kohl, plus what’s new in FINPACK, meet the FINPACK team, and network with fellow users.

Registration is now open for the next in-person FINPACK Lender Training session, October 10-11, 2023, on the University of Minnesota, St. Paul campus. Two days of practical, hands-on training with insights into all the components of FINPACK, and delivered IN-PERSON by the FINPACK team. Contact us for more information or register today!

FINPACK team-member Bob Craven will be honored with the ABA Blanchfield Award at this year’s ABA Ag Bankers Conference in Oklahoma City. Named in honor of former senior vice president of ABA’s Center for Agricultural and Rural Banking John Blanchfield, the award recognizes the contributions of a non-banker who has made significant additions to the advancement of agricultural lending.

The FINPACK Team and the Center for Farm Financial Management have created cash flow planning resources users may find useful working with farm clients, including Minnesota Price and Cost Summary, FINPACK Livestock Budget Estimates, and FINPACK Labor Hour Estimates. Available in the FINPACK Knowledge Base.

FINPACK’s November 2022 update included updates to the financial ratios provided from FINPACK tools. One major change was the addition of a new Repayment Capacity measure — Total Debt Coverage. Learn more about the calculation details of total debt coverage.   

The FINPACK Flyover series provides digestible briefs from a 30,000 foot perspective on broader macroeconomic issues or events, and examines the potential threats / opportunities they may pose to the clients you work with. In the latest edition, economist Devin Brand briefly summarizes several macroeconomic situations and events currently in play on the global stage.

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David Maguire
Relationship Manager at  | 6123011413 | dmaguire@umn.edu | Website |  + posts

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.

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