ValueXpress requires income and expense statements in Excel to quickly and efficiently underwrite income-producing commercial loans. We import Excel reports directly into our loan analysis software (known as loan “sizing”), which tells us -- in 5 minutes -- the amount of loan that can be provided! … [Read more...] about 1.13.20: HOW TO EXPORT FINANCIAL STATEMENTS FROM QUICKBOOKS INTO EXCEL
The key individuals on the ValueXpress team have significant years of experience in the underwriting and closing of commercial loans, particularly CMBS conduit loans. Mike Sneden has 25 years of experience, and Dennis Suh, Gary Unkel and Jim Brett each have 15 years. This talented team is focused on … [Read more...] about 11.11.19: WHY DOES VALUEXPRESS EXCEL FOR CLIENTS: EXPERIENCE!
Borrowers give us a lot of pushback when we ask for property income and expense statements to be provided in Excel. We ask for property income and expenses at the beginning of a loan transaction in order to perform cash flow analysis to determine property value and debt service coverage. For CMBS … [Read more...] about 10.22.18: Why Does ValueXpress Request Income & Expense Statements in Excel?