The Credit Renewal Process

The Credit Renewal Process - FINPACK‘Tis the season for credit renewals.  FINPACK has several tools to assist lenders with this process, from spreading, to financial analysis, projection preparation, and pulling the pieces of the credit analysis together.

In general, within FINPACK, the recommendation is to work down the left side file navigation to complete the credit renewal and analysis process.  Start with data sources, move to financial analysis, complete cash flow projections, and then pull everything together with the credit analysis tools.  With that being said, here is a bit more background on these tools and how they aid the credit renewal process. [Read more…]

Spreadsheets vs. Software

Spreadsheets vs Software in Credit AnalysisAre you still using spreadsheets to complete the annual credit analysis on your customers?  Do your spreadsheets provide you the best information on a customer’s financial position?  Have your spreadsheets left you with questions related to your bank’s true risk?  If so, FINPACK Credit Analysis Solutions software is the tool you’ve been looking for! [Read more…]