As a Community Lender, you finance businesses in many different industries and of many different sizes. TAC CREDIT™ offers lending solutions for a broad range of business entities. Whether you are lending to a small local merchant; a commercial shopping center owner or a multinational corporation, the system provides comprehensive reporting and analysis to facilitate an efficient loan decision.
Individuals are often an integral part of your loan decision for privately held companies. TAC CREDIT™ incorporates the Tax Form 1040 and accompanying schedules, including the Schedule K-1, to create an accurate Cash Flow Statement for each individual or partner. The data is then combined with other guarantors, the businesses or multiple businesses for a comprehensive Global Cash Flow analysis.
You will capture each component of the global cash flow analysis for every party associated with the credit facility. TAC CREDIT™ provides a comparative cash flow analysis for each business based on multiple cash flow methodologies to ensure that nothing is missed when determining the ability of the borrower to service its debt. The Cash Flow of each business can be stress tested.
For loans that rely upon rental income for repayment, TAC CREDIT’s optional Rental Property Module analyzes individual properties, property groups and Rent Rolls. Stress testing then allows you to assess the risks more comprehensively as it quickly provides the cash flow impact associated with changes in key market variables. Form 8825 or the Schedule E can be entered directly.