At Priora® we believe:
Your financial institution can be a successful, value-added business lender.
You are focused on establishing and maintaining strong relationship with your business borrowers.
You maintain high standards managing the many risks in your business loan portfolio.
Our vision for you and your borrowers is: “Applying Financial Literacy®”
We believe you can build strong relationships with your borrowers:
- Attract new business borrowers through your relationship approach.
- Communicate efficiently and effectively with your clients.
- Share risk adverse underwriting principles with them.
We believe your business borrowers will respond to:
- A proactive approach by your lending team.
- Realizing that your lending team really does support their success.
- Their real perception that your lending team is offering real value.
We believe you can demystify the banking relationship with your borrowers:
- Share how you analyze their financial information.
- Analyze all loan requests with a consistent approval process.
- Use a system that informs all lenders about any borrower.
PRIORA® FINANCIALYZER® FEATURES:
Main Menu
The Main Menu of Financialyzer® illustrates a component based system of worksheets to be used in any combination to meet the needs of any borrower. Financialyzer® organizes data in a consistent presentation format to accommodate credit facilities such as term loans, lines of credit, vehicles, real estate investment properties, etc. Read More
Loan Detail
Priora® Financialyzer® is a business loan underwriting system designed for business lenders dedicated to building strong relationships with motivated, dedicated business owners of all sizes. Financialyzer® is truly an effective system for lenders when it comes to Applying Financial Literacy® in a borrower relationship. Financialyzer® offers several worksheets that can be shared with the business owner to establish a trusting relationship with the financial institution. Read More
Income Statement
The Loan Presentation report includes a Loan Exposure Table. This table illustrates the debts owed by the Borrower, Related Borrower, and an Aggregated Borrower. It also includes debts of these parties to Other Lenders. Loan participations sold and SBA guaranteed portions are deducted from the gross loan amount to arrive at the Net Exposure to these borrowers. Read More
Economic Analysis
The Economic Analysis is a worksheet designed to evaluate the merits of a commercial real estate investment, whether for a residential property or a mini-mall. The first slide presents a 3 year financial history of the property and a Pro-Forma for the next year. The second slide presents the Debt Service Coverage based on the effective rate plus four additional ‘stress testing rates’ determined by the lender. Read More
Cash Flow Analysis
The Cash Flow Analysis – All-In Personal will evaluate the ability of up to 10 individual guarantors to support the debt service obligations of a borrowing entity. Taking data from the individual’s annual 1040 tax return, this page begins with the Cash Adjusted Gross Income of the individual, then subtracts deductions and federal and state taxes due. Read More
Collateral Evaluation
The Collateral Evaluation – Business will determine the discounted values of the collateral presented based on the discounts recommended in the Loan Policy. Prior liens can also be entered if they apply, like delinquent real estate taxes. This analysis provides coverage of Current Assets to Current Debt and the Long Term Assets to Long Term Debt coverages. Read More
The Business Lending Risk Rating Matrix
The Business Lending Risk Rating Matrix objectively assigns defined values to eight of the nine dimensions of the business being measured. Objective is critical to remove lender’s personal prejudices for or against a credit request. The first slide shows the nine dimensions in the upper left chart, each with a ‘weight’ assigned to that dimension. Lenders can modify these weights based on industry or changing economic times. Read More
Projected Income Statement
The Projected Income Statement is a very powerful tool with which to discuss the borrower’s ‘projections’ for the next year. It is effective and it engages the borrower in the process. Based on the column title “Calculated Projection” (a linear regression calculation of 3 or more years of historical income data produces the “Calculated Projection”, a statistical projection not to be used to make loan decisions. Read More
Loan Presentation
The Loan Presentation shown in this slide is a system for the lender to determine which of the components should be included in the final Loan Presentation going to loan committee. The yellow portion on the right represents the fixed, unchangeable, minimum format of the loan presentation report. Items in the left column can be move to the right column and arranged in any order desired. Read More
Debt Consolidator Calculator
The Debt Consolidator Calculator is a very powerful debt management tool. It demonstrates how multiple debts can best be consolidated into one loan, using two different debt consolidation methods. The first method is shown as Option 1 – Weighted Average Interest Rate Only while the second is Option 2 – Weighted Average Interest Rate and Term (Weighted Average Remaining Amortization). Read More
