answersLogoWhite

0

That depends on what your definition of automated is, but yes, there are software packages designed to assist lenders streamline their work.

Sageworks Analyst (http://www.sageworksanalyst.com) includes:

* Personal analysis * Business analysis * real estate analysis * Global (combinations of the above mentioned)

User Avatar

Wiki User

17y ago

What else can I help you with?

Related Questions

Is escrow analysis required on commercial property?

Escrow analysis is not typically required for commercial properties, unlike residential mortgages where it is often mandated to ensure property taxes and insurance are paid. However, lenders may still perform an escrow analysis as part of their risk management practices. The terms can vary based on the loan agreement, and borrowers should review their specific loan documentation to understand any requirements. Ultimately, it depends on the lender's policies and the nature of the commercial loan.


Creating a Business Plan for a Commercial Loan?

The first step in getting commercial loans is creating a solid business plan. Your company's business plan will spell out the mission of your business, a forecast of the business' profits and an analysis of market trends. Having a solid business plan will assure the lender that your business will be able to repay the loan. Add in a profit and loss statement, a marketing plan, sales forecasts and a market analysis when applying for your commercial loan. When you present the best financial picture possible, you will be more likely to receive the commercial loan that your business needs.


What is an autoanalysis?

An autoanalysis is an analysis of oneself, or any form of automated analysis.


What are automated clearing-houses?

processes and delivers electronic debit and credit payments among participating institutions, usually commercial and savings banks, savings and loan associations, and credit unions


What has the author Kenneth R Pirok written?

Kenneth R Pirok has written: 'Commercial loan analysis' -- subject(s): Decision-making, Financial statements, Commercial loans, Bank loans


What are some items needed when going to apply at a commercial loan lender?

Some items that are needed when going to apply at a commercial loan lender are your loan application, and a resume. These items are essential when applying at a commercial loan lender.


What is a loan endorser?

what is an endorser notice on a commercial loan


Who is the actress in the loan max commercial?

Who is the married couple talking about a book in the Loan Max T.V. Commercial?


What is the main difference between a commercial loan company and a personal loan company?

The main difference comes down to purpose and borrower type: A personal loan company focuses on individuals. These loans are typically used for personal needs such as debt consolidation, home improvement, education, medical expenses, or travel. They can be secured or unsecured personal loans, with interest rates based on your credit profile, income, and repayment history. A commercial loan company, on the other hand, serves businesses. These loans are designed to fund operations, purchase equipment, expand facilities, or manage working capital. Because the amounts are often larger and involve business risk, lenders may require collateral, business plans, and financial statements. At RiseUp Financial, we specialize in helping individuals find the best personal loans with competitive personal loan interest rates, while commercial loans are best handled by providers who cater specifically to business financing.


How do you do Cost benefit analysis on network monitoring manpower?

There are commercial network monitoring products out there that are specifically designed for ease of use and automation of monitoring tasks like NetCrunch. To do a cost-benefit analysis you'd need to determine what your sysadmin(s) are spending their time on day-to-day, how much of their time, and which of those functions can be automated or otherwise shortened by commercial software.


Who is the blonde actress in the loan max commercial?

Who is the married couple talking about a book in the Loan Max T.V. Commercial?


Where can i find a commercial mortgage calculator term and amortization schedule?

A commercial mortgage is mortgage loan in which a commercial property is kept as collateral to secure the repayment of the loan. An amortization loan is a loan where you have to pay off the principal over the life span of the loan generally through equal payment.