The latest FINPACK update is version 6.4.8.219. The update will be applied automatically for FINPACK+ users. For users of FINPACK installed, you’ll need to update via the HELP menu inside FINPACK. Launch FINPACK and select ‘Software Updates’ under the HELP menu. Click ‘Check for Updates’, then follow the steps to install.
Collateral Analysis Output
This update sets the default output option in the Collateral Analysis to ‘off’. The output will appear in the Loan Presentation, but does not allow the user to preview the output. To correct this, follow these steps.
FINPACK+
- Go to Admin > Credit Analysis Setup
- Click ‘Check Out this File’
- Click ‘Default Output Options’
- Click the ‘Collateral Analysis’ detail
- Click ‘on’ the Collateral Analysis report (second screenshot)
- Click ‘Save’ to save that output option
- Click ‘Check In’ to save the change to the Credit Analysis Setup file
FINPACK (installed)
- Go to Tools + Options + Default Output Options
- Click the ‘Collateral Analysis’ detail
- Click ‘on’ the Collateral Analysis report (second screenshot)
- Click ‘Save’ to save that output option
If you have any issues with the update, or have questions about the Collateral Analysis output preview, please reach out to our support team at support@FINPACK.com or (800) 234-1111, and we’ll be happy to help.
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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.