Credit Analysis & Underwriting Series:

Global Cash Flow Analysis for Underwriters & Credit Analysts

 Webinar OR Recorded Webinar + Free Digital Download

 Tuesday, March 26, 2019

12:00 pm – 1:30 pm Pacific

1:00 pm – 2:30 pm Mountain

2:00 pm – 3:30 pm Central

3:00 pm – 4:30 pm Eastern

When is global cash flow needed?  What if a business can qualify for a loan with its cash flow alone?  Do additional businesses owned by one or more of the guarantors have to be reviewed?  Examiners expect to see a consistently applied global debt service coverage methodology, and your lending staff must be able to provide clear and consistent answers when asked.  For example, who should be included?  Do you use the EBITDA or UCA method, and why?  What level of financial detail is needed for various related entities?  What numbers are used:  operating profit, net profit, or another number?  How is debt repayment determined without complete debt schedules from each entity?  This presentation will address key decisions and processes in global cash flow calculations.

HIGHLIGHTS

• Reasoning behind performing a global analysis
• Key decisions
  • Who to include in a global cash flow analysis
  • Information needed for operating entities and individual guarantors
  • Depth of analysis depending on the complexity of the borrower and transaction
• Calculating cash flow using both traditional EBITDA and UCA analyses
  • Key differences, strengths, and weaknesses of each
• Determining global debt service coverage
  • Potential pitfalls, including double counting
  • Treatment of distributions from Sub S and partnership entities
  • Best practices when considering debt repayment requirements (i.e., treatment of credit lines)
• Other global analysis considerations, including liquidity and capital

• TAKE-AWAY TOOLKIT
  • Employee training log
  • Quiz to measure staff learning and a separate answer key

Attendance verification for CE credits provided upon request.

WHO SHOULD ATTEND?

This informative session will benefit beginning- and intermediate-level credit personnel, including credit analysts, commercial loan underwriters, general loan officers, loan review personnel, loan committee members, and credit-risk managers.

Please note:  The live webinar option allows you to have one telephone connection for the audio portion and one Internet connection (from a single computer terminal) to view online visuals as the presentation is delivered.  You may have as many people as you like listen from your office speaker phone.

    ABOUT THE PRESENTER – Aaron Lewis, Young & Associates, Inc.

Aaron Lewis is a senior consultant at Young & Associates, Inc. With over 15 years in the banking industry, his expertise is now dedicated to the lending division of Young & Associates where he assists financial institutions with loan, ALLL, policy, and credit-process and compliance reviews.  He also conducts seminars on credit risk and compliance.

Prior to joining Young & Associates, Aaron was the Vice President Credit Administrator of a community financial institution in southeast Michigan and managed all facets of the lending function, including originations, underwriting, ALLL analysis, servicing, and secondary market compliance.  He holds a Bachelor’s in finance from Michigan State University and graduated from the Graduate School of Banking, University of Wisconsin.

THREE REGISTRATION OPTIONS

Note:  All materials are subject to copyright.  Transmission, retransmission, or republishing this webinar to other institutions or those not employed by your financial institution is prohibited.  Print materials may be copied for eligible participants only.

1. LIVE WEBINAR

The live webinar option allows you to have one internet connection from a single computer terminal.  You may have as many people as you like listen and watch from your office computer.  Registrants receive a website address and passcode that allows entrance to the seminar.  The session will be approximately 90 minutes, including question and answer sessions.  Seminar materials, including instructions, passcode, and handouts will be emailed prior to the broadcast.  You will need the most current version of Adobe Reader available free at www.adobe.com. 

2. RECORDED WEBINAR + FREE DIGITAL DOWNLOAD

Can’t attend the live webinar?  This option provides a recording of the live event, including audio, visuals, and handouts.  We even provide the presenter’s email address for follow-up questions. You will receive an email with the recorded webinar link, which can be viewed anytime 24/7, beginning 6 business days after the webinar.  You will also receive instruction on how to download a free digital copy of the webinar to your PC, which you may keep and use indefinitely.

The recorded webinar may ONLY be ordered for 6 months following the live webinar.  In addition, the download must be completed within 6 months of the live webinar date. 

3. BOTH LIVE WEBINAR & RECORDED WEBINAR + FREE DIGITAL DOWNLOAD

Options 1 and 2 described above.

 AFFORDABLE, PROFESSIONAL TRAINING, WHEN AND WHERE YOU CHOOSE