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
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?