Part 1

• Accounting
  The participant will be introduced to the theory of financial accounting and the application of debits and credits and will be able to apply the accounting concepts to various situations. The ability to get behind the numbers when completing a financial statement analysis is critical to understanding the capacity of a borrower to repay. This course analyzes the income statement and balance sheet, focusing on trend an ratio analysis to evaluate performance.
• Cash Flow Construction
  This foundational course introduces cash flow construction concepts to understand how a business generates and uses cash.
• Cash Flow Analysis
  This course introduces the cash flow analysis necessary to evaluate if a company has the capacity to service interest and principal payments, as well as to cover its capital expenditures.
• Cash Flow Forecasting
  The purpose of the course is to move forecasting from a number massaging exercise into the creation of a “Most Likely Case” scenario within a range of probable performance scenarios. Part 2 Sources of Repayment
  This course focuses on the determination and evaluation of the strength of acceptable Primary Sources of Repayment (PSR).
• Guarantor Analysis
  This course focuses on the analysis of a guarantor’s financial strength by assessing the capacity and willingness to make interest and principal payments. Loan Structuring
  The primary tenet of this course is the protection of the primary and secondary sources of repayment. Loan Documentation
  As a lender, you must craft secure documents that protect your financial institution, especially in the event of non-payment.
• Credit Write-Up
  Your ability to communicate a cohesive argument regarding the acceptability of a credit transaction is as important as the quality of the credit analysis itself.