Electronic Tax Return Reader
Spread financial statements in minutes
- Save an average 20 minutes per tax return for new loans and reviews
- Reduce data errors that may occur during manual entry
- Ensure consistency of data entry between different analysts or lenders
Sageworks Electronic Tax Return Reader can help you save an average 20 minutes per return while reducing the risks of manual data-entry errors.
Quantifying the 5 Cs of Credit
Commercial loan analysts can identify, based on financial characteristics of the business and borrower, the good and bad loans in their portfolio. In this paper, we look at the metrics most often used to quantify the 5 Cs of credit - capacity, capital, conditions, collateral and character.
Hear from a Client
“The biggest and easiest benefit to quantify with the ETRR for us is the time saved on basic data entry. We currently have only two individuals in our institution who handle spreading financials and writing both front-end credit request memos, as well as on-going loan reviews. The amount of time we are able to save on simple data entry with tax returns in enormous; I know I personally am able to utilize that time to go significantly more in depth with my actual analysis.”
Assistant Vice President, Credit Administration Officer
First Neighborhood Bank