Financial Analysis and Authorization Screen

Use the Financial Analysis and Authorization screen to view or edit the borrower’s Financial Analysis, 7a or 504 Loan Authorization, and Credit Memo.

The Financial Analysis and Authorization screen (shown below) allows you to do the following:

View or modify the Financial Analysis of the borrower and affiliates.
View or modify the Credit Memo.

Use this screen to ensure all financial and loan authorization details are accurate and up to date.

Each time a loan is created, a Financial Analysis spreadsheet is created for the specifics of that loan. This spreadsheet can be viewed or modified after the loan is created. For more information, please refer to the section on Opening the Financial Analysis Spreadsheet.

Optionally, you may import an existing spreadsheet to associate with the loan. For more information, please refer to the section on Importing a Financial Analysis Spreadsheet.

The following list describes the features of the Financial Analysis and Authorization screen.

Table 1.
Feature	Description
Financial Analysis
OPEN	Allows you to open a Financial Analysis spreadsheet to perform financial spreading. Any data saved during the spreading process will be reflected in TSoftPlus. For more information, please refer to the section on Working With Financial Analysis Spreadsheets.
IMPORT	Enables the upload of a Financial Analysis spreadsheet that has been partially or fully completed. For more information, please refer to the section on Working With Financial Analysis Spreadsheets.
Note: Financial Analysis spreadsheets are associated with the borrower record. Therefore, a borrower must be present on the loan before the Financial Analysis spreadsheets can be opened. If you attempt to open or import a spreadsheet without a borrower, the following message appears. If changes are made to any data that is populated from TSoftPlus down to the Financial Analysis spreadsheets (ex. Use of Proceeds, Payment, etc.), then the Financial Analysis spreadsheets need to be closed and reopened to reflect the new changes.
Loan Authorization Note: Important: If you experience trouble opening the Loan Authorization Wizard, refer to Loan Authorization Wizard within the FAQs section for assistance.
OPEN	Allows you to open the Loan Authorization Wizard in Microsoft Word. For more information, refer to Using the Loan Authorization Wizard. Note: If the transaction is a CapLines loan, the CapLines Loan Authorization is displayed. For Microsoft Word, if you select Disable all Macros with notification, you must perform the following steps: Within the Trust Center, click Trusted Locations and select Allow Trusted Locations on my network. Click the Add new location... button. Enter the path of the URL used to access your installation of TSoftPlus. Include http:// as part of the path. Example: http://machinename/wkfs_sba/ Click OK. Close Microsoft Word and launch the Loan Authorization from TSoftPlus.
REMOVE	This button is enabled when an existing loan authorization has been opened or saved to the transaction. If a Loan Authorization has not been opened or saved, this button is disabled. This feature can be useful for the following circumstances: During this time of transition to the new updated loan authorization, existing transactions may have been started using the prior version of the loan authorization. Click REMOVE to delete the prior version (which permanently deletes it and any data entered/saved - see the Important Note below). The Open buttons can be clicked to launch the latest version of the loan authorization template. If you inadvertently launched the wrong version of the loan authorization (clicked the wrong OPEN button), use the Remove button to remove it and start over by clicking the correct Word version OPEN button. If you inadvertently launched the wrong version of the loan authorization (click the wrong Open button), use the Delete button to remove it and start over by clicking the correct the Word version open button. Note: This button does not enable or disable until the page is refreshed by navigating to another page and returning. Important: Clicking REMOVE permanently deletes the Loan Authorization. Any data previously entered is lost. To keep a copy for your records, open the Loan Authorization and perform a Save-As to save it locally.
Credit Memo
OPEN	Allows you to open a Credit Memo document. For more information, refer to Working with the Credit Memo.
REMOVE	This button is enabled when an existing Credit Memo has been opened and saved to the transaction. If a Credit Memo has not been opened or saved, this button is disabled.
SAVE	Allows you to save any information or data entered on the screen.
CANCEL	Allows you to return to the previously viewed screen without saving any information or data.

Note:

If the transaction is a 504 transaction, then the 504 Loan Authorization Wizard will be presented when opening the word document. Loan Authorizations for all other products are found under Options Data Fill-In.

When work on the Credit Memo is complete, you can save the data back to TSoftPlus in one of two ways:

• Select File > Save to automatically save all data to TSoftPlus.
• Select the Close button (X). You are prompted with the message: Do you want to save the changes you made to TSoftPlus™?. Select Yes.

When use of Financial Analysis is complete, you can save the data back to TSoftPlus in one of two ways:

Select File > Save to automatically save all data in Financial Analysis to TSoftPlus.
• Select the Close button (X). You are prompted with the message: Do you want to save the changes you made to TSoftPlus™?. Select Yes.

When use of Financial Analysis is complete, and you want to save the spreadsheet locally (not directly to TSoftPlus):

Select File > Save As to automatically save the file to the location of your choice. You can name the file anything and still be able to import it back into TSoftPlus at a later time.