What You Will Learn :
- Prepare professional, audience-focused credit write-ups that result in a more efficient approval process
- A clear and accurate summary of the request
- An astute analysis of the business's financial condition and current and projected cash flow, focused on why the numbers are what they are
Learn to prepare high-quality credit write-ups that articulate a clear and compelling analysis of a business’s management, industry, financial condition, and cash flow. Effective Credit Write-ups prepares your lenders and analysts to write high-quality, risk-focused credit write-ups that adhere to your organization’s standards and expectations and expedite the loan approval process.
Prior to the one-day, customized wokrshop, an Omega Performannce facilitator will review your organization’s credit write-up template, and meet with you to discuss your organization’s specific standards and preferences.
At the workshop, participants will review your organization’s standards, as well as examples in order to gain a sense of “what good looks like”. They they’ll explore each topic that should be addressed in a quality credit write-up, including (but not limited to):
A clear and accurate summary of the request
Concise, objective analyses of the business and its industry
An astute analysis of the business’s financial condition and current and projected cash flow, focused on why the numbers are what they are
A clear and compelling recommendation
The prerequisite for this course is Financial Accounting for Lenders and Commercial Loans to Small Business, Commercial Loans to Business, or Commercial Real Estate Lending (or an equivalent understanding of credit analysis).
Upon completion, participants will be able to:
Prepare professional, audience-focused credit write-ups that result in a more efficient approval process
Clearly communicate the borrower’s strengths and weaknesses, strategies, and operating performance
Convey the borrower’s level of risk and mitigating factors
Deliver a meaningful analysis of the opportunity
Who is this course for?
Anyone involved in the loan approval process, including lenders, relationship managers, portfolio managers, credit analysts and underwriters, loan review staff, and credit trainees.