Release date: 2010-06-17

Commercial Finance Advisors Publishes New Prequalification Owner Occupant Spreadsheet for Commercial Mortgage Brokers and Bankers

(PRZOOM - Press & Newswire) —  Birmingham, MI, United States, 2010-06-17 - New 13 page prequalification spreadsheet is now available through Commercial Finance Advisors. Spreadsheet is specifically for analyzing SBA, USDA B&I and conventional owner user loans


Commercial Finance Advisors, Inc. is excited to announce the recent release and offering of a comprehensive 13 page prequalification spreadsheet for analyzing SBA, USDA B & I, and conventional owner user loans. The spreadsheet does numerous functions including analyzing the borrower's cash flow on their business as well as globally.

The spreadsheet was created by a 20 plus year veteran SBA lender – Craig Kaffenberger for his own use on transactions. This spreadsheet was designed specifically for SBA 7a loans, SBA 504 loans and other owner user transactions as it focuses on the Global Income of the borrower. Global Income refers to the borrower's real level of cash flow with accounting items such as depreciation, loss carry covers, one time capital expenditures, etc., taken out, and factors in ALL of the borrower’s sources of income and expenses throughout all business, investments and personal expenses.

“As many readers may know, calculating Global Income is one of the most complicated prescreening and underwriting tasks in the business. If you have ever tried to underwrite a borrower with four businesses, three real estate entities and a partner, for example, you already know how hard this can be. Using this spreadsheet makes the task much easier and much more accurate.” Comments Jeff Rauth, President of Commercial Finance Advisors, Inc.

“In this market the last thing originators can afford to do is make the mistake of working on a transaction without really understanding if it’s doable. Global Income is paramount in today’s lending environment. By using this spreadsheet you will invest 30 to 45 minutes on the front end to determine if the loan has “legs” versus spending weeks (or months) on transactions only to learn later that they are not doable. It’s just plain smart to use a spreadsheet like this.” Continues Rauth.


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 Contact name: Jeff Rauth -
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 Contact: 248-885-8797 / jrauth[.]
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