TBA Credit Analyst Series: Debt Service Coverage Calculations in Underwriting 2021 | Financial Education & Development Inc. | 10 August 2021 | Virtual Event
Venue
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| Event Date | Tue Aug 10 EDT (over 3 years ago) |
| Location | Virtual Event |
| Region | All |
Details
Many community financial institutions rely on traditional EBITDA analysis in determining borrower repayment ability. But does EBITDA provide everything we need to know? What about considerations for capital expenditures and dividends provided to entity ownership? Are we missing key elements which drive the borrower’s ability to generate satisfactory cash to satisfy repayment requirements?
This presentation will review traditional EBITDA analysis, including adjustments which should be considered to EBITDA in determining borrower repayment ability. It will address the Uniform Credit Analysis, specifically net cash after operations and UCA cash flow coverage. Other debt service coverage considerations, such as the free cash flow method for determining repayment ability, including considerations for capital expenditures and how these expenditures impact the borrower’s repayment ability will be included.
WHO SHOULD ATTEND?
This informative session will benefit everyone involved in the underwriting and approval of commercial loans, including executive management on the loan approval committee, commercial loan officers, credit analysts, loan underwriters for commercial loans, branch managers with commercial lending authority, loan review staff, and auditors.
Speakers
2021 Speakers
PRESENTER:
Aaron Lewis
Senior Consultant, Young & Associates, Inc.