Business Loan Basics

Learning Objectives

• To explore different types of business loans
• To recognize key loan terms and their definitions
• To identify key loan documents
• To understand loan accounting and financial statement presentation

Course Description

Business loans are a vital source of funding for cash flow management. Many businesses seek financing to meet short, medium, and long term requirements. It is very important to understand that taking loan without clarity of the terms can cost the business heavily. This webinar takes a comprehensive approach and provides all the basic details important to consider while taking a business loan. 

Key Topics:

• Determining the requirement of funds using ratio analysis and cash flow projections
• How leveraging magnifies returns and increases risks
• Understanding key loan components
• Basic Accounting entries, financial statement presentation with footnote disclosures
• How to reduce the interest rate on your loan
• Overview of the application process and frequently requested loan documents 
• Explore factors and ratios banks use to make a decision whether to approve a loan application
• Description and importance of documents that are signed at loan closing with special focus on important clauses

The speaker, with his about two decades of banking experience on important designations such as CFO, position in the loan committee, and collections department head, will also enrich the webinar with insights on how banks operate, the terminologies that the borrowers generally miss, and key tips to protect the interest of the borrower. This will provide you key inputs to help your clients and support their business. 

Overview

• When loans Help Cash Flow

  4 mins
• Three Categories of Cash Flows

  16 mins
• Where Business Get Loans

  28 mins
• Matching Term to Need

  50 mins
• The Application Process

  67 mins
• Getting the Best Loan Pricing

  80 mins
• Security Agreement

  100 mins