When: Monday, June 16, 2014
How to Correctly Calculate Global Cash Flow for your SBA Loans
2:00 p.m. to 3:15 p.m. Eastern
1:00 p.m. to 2:15 p.m. Central
12:00 p.m. to 1:15 p.m. Mountain
11:00 a.m. to 12:15 p.m. Pacific
Complimentary Coleman Report Live! News Show with Bob Coleman from 1:50 p.m. to 2:00 p.m. Eastern
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SBA’s new SOP 50 10 5(F) effective January 1 expands the agency’s guidance to lenders.
Specifically regarding how to prove that your cash flow analysis correctly determines the repayment ability of small business borrowers.
Lenders are now required to document the definition or formula used to calculate global cash flow.
This webinar provides an in-depth review of the new underwriting responsibilities for calculating global cash flow from Coleman professional webinar instructor Charles Green.
In addition to Coleman webinars, Charles teaches small business lending topics at the prestigious Stonier Graduate School of Banking (Wharton), Graduate School of Banking (University of Wisconsin) and ABA’s Graduate Commercial Loan School (Southern Methodist University).
All of his Coleman webinars are tailored to SBA lenders, underwriters, and leaders.
Cash flow evaluation is perhaps the most important estimation of a borrower’s repayment ability.
This webinar will frame the parameters of the financial condition, examining how lenders might improve their investigation and understanding of cash flows among and between the business and its owner.
Specific topics addressing these new SBA SOP requirements:
• How to document your institution’s global cash flow formula
• Defining SBA’s debt service coverage
• Global cash flow rules for the Small Loan Advantage programs
• Global cash flow rules for SBA Express loans
• Global cash flow when evaluating business financial statements, business tax returns, and personal tax returns.
• What the SBA says about the methodology of borrower cash flow when underwriting loans;
• A prudent lender’s analysis of SBA’s minimum debt service coverage ratios
In addition to SBA rules, the webinar will address broader global cash flow issues:
• How to calculate cash
• What additions and subtractions to cash flow analysis are appropriate
• Are you getting away from the numbers and being too creative in documenting the all important cash coverage ratios?
• Review of “Rule of Thumb” cash flow evaluation and its advantages /disadvantages
• Discussion about Universal Credit Analysis model and its capability of providing more in-depth information
• How to model a global cash flow evaluation of borrower’s debt repayment ability taking into account owner’s personal cash flow and obligations;
• Policy considerations each lender should explore about how to treat owner cash flow and its potential to impact business;
• What you must do to be considered a “prudent” lender by SBA.
Who should attend:
Commercial Loan Underwriters
SBA Loan Underwriters
Small Business Lending Department Managers
Credit Risk Managers
Chief Credit Officers
This webinar is rated “INTERMEDIATE” for all attendees.
Coleman’s Webinar level of instruction guide:
ELEMENTARY — The webinar assumes the audience has no experience in the topic.
BASIC — The webinar is for small business lenders who have some experience in the topic. The webinar is designed as the Topical 101 course. This is the appropriate level of instruction for managers who oversee the function.
INTERMEDIATE — The webinar solves an unique problem for the small business lending professional. A strong working knowledge of the subject matter is recommended.
EXPERT — The webinar discusses detailed, technical and advanced topics for the well-seasoned professional. A strong working knowledge of the subject matter is a must.
Certificates of Participation
All Coleman Webinar attendees will receive a certificate of participation. This documents your continuing education history for your regulators. Also, this documents the answer for SBA’s Review question of continuing staff education.
We will automatically forward a certificate of participation for those who are registered to attend the webinar via GoToWebinar.
If you have purchased the unlimited site license and would like certificates for all who attend simply forward their names and email addresses to firstname.lastname@example.org. She will email the certificates to all attendees.
Questions are encouraged. There are two ways to ask a question. The first is to ask the question via the chat box on the GoToWebinar dashboard. The second way is to send an email to email@example.com.
Also, feel free to ask pre-webinar questions.
Join Coleman’s Expert SBA Instructor:
Small Business Finance Institute
Charles Green is a seasoned finance professional with over 30 years of experience as a commercial banker, mostly funding the small business sector. He founded and served as President/CEO of Sunrise Bank of Atlanta. Charles provides business lender training through several organizations and regularly contributes editorial features for publication.
He has written extensively about business financing through articles and books including Get Financing Now (McGraw-Hill, 2012) and bestselling The SBA Loan Book 3rd Edition (Adams Media, 2011). He earned a B.S. in Finance from the University of Alabama, diploma at the Stonier National Graduate School of Banking and completed Executive Education at Harvard Business School.
Bob Coleman is the Author of “Money Money Everywhere and Not a Drop for Main Street.”
Bob is the Editor of the Coleman Report, a trade newsletter and website for small business bankers. He is the nationally recognized expert on small business lending. He has been a regular contributor for Fox Business News and is sourced frequently by all major financial media news outlets including the Wall Street Journal and Bloomberg.
He is a prolific keynote speaker at numerous small business lending events across the United States every year – including recent international speaking engagements in the U.K. and Germany.
Coleman has a B.A. in Medieval History from the University of California Santa Barbara and a M.B.A. in Real Estate Finance from the University of Southern California.
About Coleman Webinars
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The Fine Print
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