Commercial Loan Agreements and Covenants Webinar
This program explores the key sections in a commercial loan agreement and the goals they help achieve. Within this structure, various covenants play an important role in protecting the bank should the borrower’s financial condition change.
Webinar Description and Intended Audience
Commercial lending involves many types of loans and credit facilities. Equally diverse are the various cash needs of businesses, such as operating funds, plant expansion or equipment purchases. Within the documentation of these credits, the commercial loan agreement plays an important role in both bringing together other documents (promissory note, liens, etc.) and filling in the gaps or even providing additional controls.
This program explores the key sections in a commercial loan agreement and the goals they help achieve. Within this structure, various covenants play an important role in protecting the bank should the borrower’s financial condition change. Equally important, and sometimes not reviewed very closely, are how various terms are defined.
•Review of the typical structure and format of loan agreements
•Special issues and features when construction is involved
•Why definitions are the starting point for the whole agreement
•Identify the goals and how loan agreement sections and/or covenants often achieve more than one goal
•Tips for developing, setting and monitoring financial covenants
•Understanding the events of default and the bank’s remedies, plus using caution when dealing with covenant violations
Who Should Attend?
Private bankers, small business lenders, commercial lenders, credit analysts, portfolio managers, loan review specialists, special assets officers, lending managers and credit officers involved in the commercial lending process.
Webinar Viewing Options
INCLUDES 7 DAYS OF UNLIMITED ONDEMAND PLAYBACK! With this option, you will participate in the webinar live, via the internet. You will login to the webinar on your PC to view the PowerPoint presentation, and you have the option of using your PC speakers or a telephone for the audio. You can type and send your questions to the instructor. Many companies are now running their PC through an LCD projector allowing many employees to participate at the same time. And don’t worry if you miss the webinar, you can still view it for up to seven days after it takes place!
SIX MONTH ONDEMAND VIDEO:
With this option, you will receive an e-mail that contains a link to the PowerPoint slides (to download, print, and copy) as well as a link to the media player where you will view and hear the entire webinar just as it was delivered, featuring the full-color PowerPoint presentation with audio. You can pause, fast-forward and rewind as needed, which makes it a very effective training tool. The OnDemand Video will be available to you (and anyone else in the company) for six months and can be accessed 24/7 as many times as you wish. Delivered via e-mail the day after the webinar takes place.
If you do not have internet access or want to make the webinar part of your training library, the CD-ROM Recording is a great option for viewing a webinar. You can pause, fast-forward and rewind as needed, which makes it an effective training tool. With this option, you will receive a download of any applicable handouts and a CD-ROM (featuring the full-color PowerPoint presentation with audio) via regular mail. Mailed 7 to 10 days after the webinar takes place.
Webinars can be scheduled and offered exclusively for your company. They can even be customized to best fit your needs. To find out more, please complete the in-house request form found in the Schedule and Registration Information section below.
Continuing Education (CE) Credits
This webinar is recommended for 2.5 CE Credit Hours. Each attendee will receive a Certificate of Attendance for self-reporting of CE Credits.