FRCS has years of expertise in making and servicing FSA guaranteed loans. FRCS has specialty, on-of-a-kind software designed to meet our needs in preparing and servicing FSA guaranteed loans for our clients.
FRCS can be of service to you:
- FRCS can do for you what we have done for other lending institutions and borrowers, or
- FRCS can sell you our one-of-a-kind software and train you to do what we have spent 20 years specializing in. We have a system for new loan making and annual software servicing.
In addition to the items needed for a new guaranteed loan, we also prepare the the following annually:
- Final monthly report of income and expenses
- Financial statements
- Annual income projections and debt repayment schedules
- Monthly cash flow
- Loan agreements
- Historical information
- debt, asset, net worth comparisons
- crop yields
- livestock information
- Interest assistance forms and claims
- Loan activity ledgers
Our software will illustrate cash flows with and without interest assistance on all combination of loans in the FSA interest assistance program.