Business Credit Analysis (ED201)
This is the second course in the EDFP Certification Program™ from the National Development Council, hosted by MEDA.
July 22 – 26, 2019
Economic Development Finance (ED101)
In ED201, participants build on the financial analysis and deal structuring techniques learned in ED101 through investigation of advanced methods used to analyze the creditworthiness of operating small businesses. The credit analysis and underwriting procedures of commercial lenders are tailored to the unique concerns of economic development lenders. Participants spread and analyze the financial statements of numerous actual companies—manufacturing, service, retail—and use economic development finance programs to structure fixed asset and permanent working capital financing packages.
Specific topics include:
Credit Analysis Process
- Evaluating a company’s strengths and weaknesses
- Refining quality indicator and ratio analysis
- Assessing operating needs
- Measuring a company’s ability to digest growth
Permanent Working Capital Analysis
- Determining a company’s operating cycle
- Measuring PWC needs
- Financing a company’s growth
Cash Flow Analysis
- Analyzing cash flow management
- Determining debt capacity
- Matching sources and uses of funds
- Identifying fast growth syndrome
Projections and Deal Structuring
- Balance sheet and profit and loss statement projections
- Evaluating financing options
- Break even analysis
- Structuring fixed asset and PWC financing
- Restructuring financing packages
MEDA Members: $1,275/Non-Members: $1,375
East Lansing Marriott at University Place
300 M. A. C. Ave.
East Lansing, MI 48823
For a group rate of $159++ per night at the East Lansing Marriott at University Place, make your reseravtions by 7/1/19. Click here for a reservation link.