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Register Now for the Fundamentals of Business Lending on Oct. 18

Tue, Oct 3, 2017

The purpose of this fast-paced one-day training session, on Wednesday, Oct. 18, is to introduce participants to the types of financial information that businesses generate in the form of financial statements, tax returns, and personal financial statements and to conduct basic analysis of that information. Participants who attend this program will be able to better understand, analyze, and interpret financial information in order to determine the strengths and weaknesses of member businesses.   

This program is designed for individuals with limited experience in the field of member business lending. This program can also serve as a good refresher course for other more seasoned credit union personnel.  

After attending this program, participants will be able to do the following:

  • Be familiar with the five C’s of credit as a basis for making credit decisions
  • Understand why members request business loans
  • Distinguish between the different types of financial information that businesses generate and the limitations of each
  • Be knowledgeable in the different types of business organizations and the important characteristics of each of them
  • Learn basic financial terminology
  • Identify the importance of the information contained in balance sheets, profit and loss statements, and cashflow statements
  • Calculate and understand key ratios and other financial measures
  • Know what questions to ask of member business lending applicants
  • Understand the concept of repaymentability and how to assess it
  • Identify the components of cashflow
  • Assess the value of collateral and personal guarantees as secondary methods of loan repayment
  • Realize the difference between the information contained in financial statements and tax returns 



October 18, 2017
9:00 am – 3:00 pm
MD|DC Credit Union Association
8975 Guilford Rd., Suite 190
Columbia, MD 21046