(800) 234-1111

FINPACK News

Thank you!

by | Jan 9, 2019

Thank You, from the FINPACK TeamThe FINPACK Team would like to take a moment to thank all of you who joined us at recent events.  We had many users stop at the FINPACK booth at the ABA Ag Lender’s Conference in November.  Then in December, we appreciated all of the attendees at the FINPACK Lender’s Conference.  We sincerely enjoyed having the opportunity to interact with such a diverse group of partners at these events.  It’s always great to connect with long-time FINPACK users, to those who are just beginning to investigate FINPACK as a tool for future use, and everyone in between.  Our team is excited about the future developments of FINPACK, as was showcased at the Lender’s Conference.  Stay tuned for more information on these exciting additions to FINPACK!

Upcoming Events

Our team will also be at upcoming national lending conferences.  Find us in San Diego at the ABA Conference for Community Bankers in February.  In March, we will be in Nashville at the ICBA Live National Convention.  Stop by get your questions answered and learn more about FINPACK at both events.

Latest News
Loan refinance in a FINPACK Projection

Loan refinance in a FINPACK Projection

Refinancing loans is a frequent option to help business owners in need when profits are down, and cash flows are tight. Following the correct loan steps in a FINPACK Projection ensures the Term Debt Coverage Ratio and other repayment capacity measures are correct...

Changing interest rates in FINPACK Projections

Changing interest rates in FINPACK Projections

Interest rates charged on loans can change during the year for any number of reasons; the rate is variable, the rate was renegotiated at renewal, or the customer’s risk profile changed to name a few. Because of this, interest rate changes on operating or term loans...

2019 FINBIN Report on MN Farm Finances

2019 FINBIN Report on MN Farm Finances

In our previous post, we discussed some of the financial highlights for Minnesota farms in 2019.  In this post, we want to highlight our more detailed report. The 2019 FINBIN Report on MN Farm Finances graphically shows how Minnesota farms performed in...

Minnesota farm incomes inch higher

Minnesota farm incomes inch higher

Minnesota farmers continued to struggle with low profitability in 2019.  Median net farm income was up slightly from the previous year at $36,211, but was still historically low.  Each of the past five years has fallen in the bottom third of historical...

COVID-19 Response

COVID-19 Response

Greetings, You’ve probably had a few of these emails hit your inbox recently.  All CFFM staff have moved off-campus to work from home and are trying to balance work and home life like many of you.  We wanted to give you a quick update from the FINPACK...