weblogo 1

Your Partner in Growing Your Community

Business Credit Analysis (ED201)

This is the second course in the EDFP Certification Program™ from the National Development Council, hosted by MEDA.

Dates

July 22 – 26, 2019

Prerequisites

Economic Development Finance (ED101)

Course Content

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

Cost

MEDA Members: $1,275/Non-Members: $1,375

Location

East Lansing Marriott at University Place
300 M. A. C. Ave.
East Lansing, MI 48823

Hotel Reservations

Coming Soon!

Register

Register

Corporate Sponsors

consumers-energy dte-energy
michigan-economic-development-corp  TIA Work Share logo stacked

Contact Us

Michigan Economic
Developers Association
P.O. Box 15096
Lansing, MI 48901-5096
PH: 517-241-0011
meda@medaweb.org

Join Our Mailing List

Powered by Robly