myCPE
myCPE

Business Loan Basics 2 Credits

Mar 02, 2022, 10:00 AM ET

Business Loan Basics 2 Credits

  • Rating

    4.7
  • Published on

    December, 1969
  • Subject Area

    Finance

Learning mode

Live Webinar
  • Access the course at your convenience
  • Take the assessment test
  • Get your certificate
  • Attend the live interactive session
  • Answer the polling questions
  • Get your certificate
Mar 02, 2022, 10:00 AM ET

Learning Objective

  • 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 Overview

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 a loan without clarity of the terms can cost the business heavily.

This online webinar takes a comprehensive approach and provides all the basic details important to be considered while taking a business loan. 

This online CPE webinar covers the following 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 with key inputs to help your clients and support their business. 

Podcast Credits

Short Video Credits

On Demand Credits

Live Credits

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Additional Information

Credits

2

Course Level

Basic

Instructional Method

QAS Self Study
Group Internet Based

Pre-requisites

None

Advance Preparation

None

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors.

About Instructor

Top rated speaker CE/CPE/CPD speaker Rob Stephens
Rob Stephens

Founder, CFO Perspective

  • 4.2
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I provide financial consulting, coaching, and education for small businesses. My company helps small businesses and their owners:

  •  Improve cash flow
  •  Gain clarity on long-term business strategy and shorter-term plans
  •  Cut through the clutter of numbers to identify and measure the key measures of success
  •  Determine the most profitable opportunities
  •  Maximize pricing strategy
  •  Overcome thinking errors that hamper success
  •  Forge a common strategy with a business partner
  •  Gain confidence in a significant financial decision
  •  Optimize business cash flows for personal cash flow needs

On Demand FAQs

What is Self Study (QAS)?

Self Study QAS (Quality Assurance Service) is a NASBA and other regulatory bodies approved program designed for Professionals to complete their Continuing Professional Education credits through self-paced, interactive courses that meet the highest standards of quality and compliance. We are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn CPE credits through self-study?

To earn CPE credits, you must complete the self-study course, pass the required assessments, and submit the necessary documentation. Credits are awarded based on the completion of course hours and successfully passing the assessments.

Are the self-study courses approved by NASBA and other regulatory bodies?

Yes, all our self-study courses are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the rigorous standards for quality and educational content set by these organizations.

What are the requirements to maintain compliance with self-study courses?

To maintain compliance, you must follow the guidelines set by NASBA and other regulatory bodies, which include completing the course within the specified timeframe, passing the assessments, and keeping accurate records of your learning activities.

How can I access my course completion certificates?

After successfully completing a self-study course and passing the assessments, you can access and download your course completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Live Webinar FAQs

What is a Live Webinar Group Internet-Based Credit?

A Live Webinar Group Internet-Based Credit is an interactive, real-time online seminar where professionals can earn Continuing Education credits by participating in live sessions led by experts in various fields. These sessions meet the standards set by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn credits through live webinars?

To earn credits, you must attend the entire live webinar, actively participate in any polls or questions, and complete any required evaluations or assessments. Credits are awarded based on your attendance and participation in the live session.

Are the live webinars approved by NASBA and other regulatory bodies?

Yes, all our live webinars are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the high standards for quality, interactivity, and educational content set by these organizations.

What are the requirements to maintain compliance with live webinar courses?

To maintain compliance, you must adhere to the guidelines set by NASBA and other regulatory bodies, which include attending the full duration of the webinar, participating in interactive elements, and completing any post-webinar evaluations or assessments.

How can I access my webinar completion certificates?

After successfully attending a live webinar and fulfilling all participation requirements, you can access and download your completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Reviews and Ratings

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KW

Kim Wilson, CPA (US)

The content, presenter and delivery and delivery were excellent. A very comprehensive webinar and a pleasure to attend.

HW

Harold Williams, CFP® (US)

Good instructor. Good anecdotes.

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