Financial Spreading and Analytics is delivered through our industry leading and robust financial spreading module including Individual and Global Cash Flows, personal and business tax return spreading, plus traditional balance sheets, income statements, and cash flows. LoanVantage® supports multiple spread models such as General Middle Market, Not for Profit, Hospital Not for Profit, Contractor, and Personal.
Financial Spreading is user friendly and designed to limit mouse use to speed data entry. A few features to highlight the robustness are:
Special Financial Spread Reporting
Business Financial Spreading includes:
Personal Financial Spreading includes:
Covenant Identification and Monitoring enables tracking of both financial and non-financial covenants. The covenants are fully configurable by your bank so you can track and monitor the covenants important to you. Monitoring includes both affirmative and negative covenants. Affirmative covenants might include maintaining proper insurance coverages, on-time payments, and the regular provision of financial statements. Negative covenants would include any action (or lack of action) that would diminish or devalue the property or asset.
Covenant reporting and tracking includes the specification of each covenant item required, a due date for the provision (if applicable), and a methodology to indicate satisfaction of the covenant item for the reporting period. A covenant breach will be quickly and easily noticeable.
LoanVantage FS® generates reporting for items upcoming as well as past-due. The financial statement spreading module and covenants work closely together to ensure the ability to calculate covenants and generate any related tracking reports required.
LoanVantage enables your bank to easily monitor financial and non-financial covenants. Financial covenants reflect your institution’s standards for the financial strength and performance of your borrowers and serve as protections for both your institution and for the borrower.