Businesses call us for many reasons but here are two very common reasons why we get called… They are growing and want to strengthen the financial function. OR They are in financial distress and can’t find a way out. Why does a business need to be bankable? What does being bankable mean? In this blog,
In small or large businesses, we often end up dealing with banks and bankers beyond the checking account. When you have debt with your bank (your lender), the relationship takes on another dynamic. The typical loan agreement for traditional debt includes loan amount, terms, collateral provided, the covenants you must live by, and the dos
Are you credit worthy? Right now, is your credit good enough for a lender to give you a loan or line of credit today? If your answer is no or if your not sure of your answer, take a look at the 5 Cs of Credit. This 5-point checklist allows loan officers to easily determine
See Also: Relationship With Your Lender What Does a Lender Want to Know Don’t Tell Your Lender Everything Due Diligence on Lenders Finding the Right Lender What Lenders Look At? I recently spoke to students at the University of Houston in the Wolff Center for Entrepreneurship on the topic of Dealing with Lenders. During the
See Also: 5 Cs of Credit Line of Credit Credit Rating Agencies How Important is Personal Credit in Negotiating a Commercial Loan? Improve Your Credit Score 7 C’s of Banking Every knows the 5 C’s of Banking. But what are the 7 C’s of Banking? Recently, I spoke to students at the University of Houston
See Also: Pledged Collateral Collateralized Debt Obligations Debt Ratio Analysis Debt Service Coverage Ratio (DSCR) Convertible Debt Instrument Asset Based Financing Secured Claim Definition The secured claim definition is debt backed by collateral. It can refer to loans, mortgages, bonds, and other financial debt instruments. As stipulated in the debt contract, the debtor backs the
See Also: What are the 7 Cs of banking How to Manage Your Banking Relationship Is It Time To Find A New Bank Collateralized Debt Obligations External Sources of Cash Pledged Collateral Definition Pledged collateral refers to assets that are used to secure a loan. The borrower pledges assets or property to the lender to
Loan Agreement Definition A loan is a debt instrument. One party lends assets, property, or money to another party in exchange for interest payments and the eventual return of the borrowed asset, property, or money. A loan agreement is usually drawn up in writing before any assets change hands between parties. Loan Term Explanation A
See Also: 5 Cs of Credit What are the 7 Cs of banking Credit Rating Agencies How Important is Personal Credit in Negotiating a Commercial Loan? Improve Your Credit Score Line of Credit (Bank Line) A line of credit (bank line) is a type of loan agreement between a bank and a borrower. Basically, a
See Also: Commercial Paper Personal Credit for Commercial Loan How to Select Your Commercial Insurance Broker Commercial Agents Forensic Audit Investment Risk Commercial Risk Definition Commercial risk is defined as the risk a company takes by offering credit with no collateral. It is a common term in the business world. Any time a company offers credit, be
See Also: Letter of Credit Investment Banks Double Entry Bookkeeping Current Expenditures Accounts Payable Collateralized Debt Obligations Definition A collateralized debt obligation derivative, or CDO, is an investment grade debt instrument backed by collateral consisting of loans or other debt instruments. The collateral typically consists of bonds with varying degrees of credit quality and risk.
See Also: What are the 7 Cs of banking How to Manage Your Banking Relationship Line of Credit Trade Credit Collateralized Debt Obligations 5 Cs of Credit (5 Cs of Banking) The 5 Cs of credit or 5 Cs of banking are a common reference to the major elements of a banker’s analysis when considering
JOIN THE NEXT STRATEGIC CFO™ WORKSHOP SERIES
Strategic CFO™ Financial Leadership Workshop
The Art Of The CFO®
August 7-10th, 2023
CONNECT WITH STRATEGIC CFO™
