Credit Forum - 1Q 2021

February 2, 2021 12:00 PM to 1:00 PM (Eastern Standard Time)

A members-only virtual event

February 2, 2021 12:00-1:00 p.m. EST

Registration Is Now Closed

Facilitators
Randi Hershgordon, Senior Vice President, Gibraltar Business Capital, LLC
Danika Louis, Portfolio Manager, Republic Business Credit, LLC

All credit-related functions (underwriting, appraisal, field exam, liquidation, portfolio management, and more) are invited to address subjects related to mitigating risk. From covenant trends to leveraging software to improving risk management, we’ll discuss strategies to address challenges and capture opportunities. Forum themes will include:

• Underwriting new loans in 2021- Analyzing trends and historical results – Understanding and assessing the impact of the pandemic on 2020 results and the Company’s projections for 2021
  
• Due diligence- Continuing with remote field exams; Are we getting good results?  Employing any new procedures?  On-site v. virtual test counts?
  
• Loan covenants- Is EBITDAC the new norm?  What does this mean and how is it calculated?  What types of addbacks?
  
• Portfolio Management – What are you doing differently today than a year ago?  Changes in BBC structures?  Is credit insurance still a viable option?
• Credit monitoring- New procedures and tools being employed by Operations
  
• EIDL Loans – Best practices for subordination from IRS
  
• Factoring - Leveraging the operations team to support underwriting
  

The Credit Forum will also meet 5/04/21, 8/03/21, and at SFNet’s 77^th Annual Convention in November.

 

Registration

Member Price: $0