COMMERCIAL LOANS FOR BUSINESSES

Learning Objectives

• Understand the banks side of commercial lending
• How to apply for a commercial loan
• Understand the comercial loan process
• Understand the types of collateral needed for a commercial loan
• Understand the interaction with a loan officer before and after the loan application

Course Description

This course is designed to help accountants and their clients understand and more knowledgeable about the commercial loan process. It is also designed to provide information to make the application process more effective.

Overview

• Understanding the bank’s perspective of loan.

  4 mins
• Overview of different types of loan.

  10 mins
• What are the major Loan requirements that banks facilitate?

  14 mins
• Fundamentals of a loan Interview.

  15 mins
• Understanding the customer’s perspective of loan.

  22 mins
• How can financial statements play a critical part?

  25 mins
• Understanding the role of Collaterals.

  31 mins
• What should consumers know about the after-loan period?

  36 mins
• How to handle financial challenges after the loan payment period?

  38 mins