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Business Loan Basics

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Before starting this self study program, please go through the instructional document.

The topic is also scheduled as live webinar on the following dates

Oct 18, 2021 | 10:00 AM EDT Register

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

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. 

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

Who Should Attend?

  • Accountant
  • Accounting Firm
  • Accounting Managers
  • Bookkeepers & Accountants & Tax Preparers
  • CPA (Industry)
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • Senior Accountant
  • Staff of Accounting Firm
  • Young CPA

Testimonial

4.9

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HW

Good instructor. Good anecdotes.

HW

Good instructor. Good anecdotes.