Education & Events

Credit Analysis & Underwriting Series: Global Cash Flow Analysis for Underwriters & Credit Analysts

Date: 
Mar 26, 2019
Program Overview: 

Tuesday, March 26, 2019, 3:00 - 4:30 pm

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.

Topics: 
  • 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



    Speaker: 

    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.

    Agenda: 

    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.

     

     

     

     

     

     

     

     

     

     

     

    Fees: 

    MEMBER

    Live Webinar
        $255.00 Single Location
        $150.00 Each Additional Location

    Recorded Webinar & Free Digital Download
        $255.00

    Premiere Package (Live & Recorded Webinar with Free Digital Download)
        $375.00

    Association Contact: 

    If you have any questions or need additional information, please contact Marcy Borden at 317-387-9380 or mborden@indianabankers.org

    Cancellation Policy: 

    Within three or more business days prior to the day of an educational program, no cancellation charge will be assessed. If your bank is unable to participate after registering, you can select to purchase the on-demand presentation.

    Webinar Options: 

    1.  Live Webinar
    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. Registrants receive a toll-free number & pass code that will allow entrance to the seminar. Seminar materials, including instructions, pin number, and handouts will be emailed to you 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?  The recorded webinar & Free Digital web link is a recording of the live event, including audio, visuals, & handouts. We even provide the presenter’s email address so you may ask follow-up questions.  Approximately one week prior to the webinar, you will receive an email with the web link.  This web link can be viewed anytime 24/7, beginning 6 business days after the webinar and will expire 6 months after the live program date.  

    LIMITED AVAILABILITY:  The Recorded Webinar & Free Digital Download web link may ONLY be ordered for 6 months following the webinar.

    3.  Both Live Webinar & Recorded Webinar & Free Digital Download
    Includes options 1 and 2 above

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