What is a financial resource plan?
A Financial Resource Plan is a summary of a client's financial data over a 2-year period. It is used to summarise the financials of a farming business to facilitate financial conversations. It can be used as a preparation for a credit application or to model the financial viability of a production change, e.g. investing in a new irrigation scheme or changing to a new crop.
The following financial summaries are included in a FRP:
A FRP is stored as a smart-document and is associated with a customer portfolio. The information contained within a FRP can be exported as a csv and/or a pdf report can be generated and downloaded.