When: Tuesday, December 16 2014
Calculating Global Cash Flow for SBA Loans from Financial Statements
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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As Charles taught on November 20, the introduction of “global cash flow” in the SOP last January places a higher degree of due diligence by the SBA loan underwriter in documenting the loan approval.
“Global cash flow analysis that includes assessment of impact on cash flow to/from any affiliate business,” must be performed says the agency.
For loans greater than $350,000 global cash flow coverage must exceed 1:15 on a projected basis.
Lenders must now document the loan file with a complete definition of the method or formula used to calculate global cash flow.
Further complicating its guidance, SBA directs the underwriter to calculate global cash based on historical financial statements AND/OR, tax returns.
This new Coleman webinar will teach you how to calculate global cash flow based completely from the borrower’s financial statements, comparing the ‘rule of thumb’ method to the uniform credit analysis (UCA) method.
This webinar fully complies with the intention of the SOP concerning a lender’s responsibility to evaluate global cash flow of the prospective borrower’s entities.
The specific benefits from this webinar include:
You will learn how to calculate global cash flow from the applicant’s financial statements
You will learn how to document your calculations per SBA’s intent
You will learn the differences of SBA’s policies for loans less than, and greater than $50,000
In addition to SBA rules, the webinar will address broader global cash flow issues:
• How to calculate cash flow.
• 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;
Who should attend:
Commercial Loan Underwriters
SBA Loan Underwriters
Small Business Lending Department Managers
Credit Risk Managers
Chief Credit Officers
This webinar is rated “EXPERT” 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
Coleman is the largest producer of small business banking webinars in the country, all taught by the best experts in our industry.
Not only our instructors chosen with care, they are excellent teachers of their craft.
Coleman’s Webinars provide 75 minutes of highly specialized information, access to industry experts, live Q&A, and step-by-step “how-to’s” on a variety of topics relevant to today’s small business banker.
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A great benefit of the program is that you have the ability to ask questions directly of the panelists. Or, you may simply email Coleman during the program and he will air your question.
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A transcript of the program is also provided to purchasers of the unlimited site license.
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You may also choose to listen to the program on your telephone. The phone number will be provided with the handouts.
You will receive the pdf handout via email the day before the event. These may be distributed to all of your attendees.
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Complimentary Coleman Report Live! News Show with Bob Coleman from 1:50 p.m. to 2:00 p.m. Eastern
Log and dial in ten minutes before each Coleman webinar to hear the “Complimentary Coleman Report Live! News Show” with Bob Coleman.
We do this for two reasons. First, the pre-show confirms you are successfully connected to the webinar. Second, we provide you a synopsis of the current news to help you place what is happening to the small business lending industry in context. Join us for this free feature!
The Fine Print
1) The single user registration fee of $289 is based on location not attendance. You may have as many people in one location attend. You many distribute the materials to anybody in your company.
2) For only $100 more, you may invite as many people from your institution from as many locations as you wish. (You also get the reply link and transcript!) We will forward you a link that allows you to sign up as many people as you wish.
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