BankerCollege

The basis of this loan webinar is to introduce some of the critical steps or activities necessary to complete due diligence for commercial loans. We will examine activities directed at the borrower, guarantor, and the transaction itself.

This commercial lending webinar focuses on the activities involving due diligence for commercial loan transactions. Due diligence is like homework. If you do your homework, you are prepared for any test that might come up. There is an old credit cliché that goes something like this: “Believe none of what you hear and half of what you see”. That might sound cynical, but in the end questioning and verifying everything will save you money.

Bonus Material: Every attendee also receives a due diligence checklist to help guide you.

Loan Webinar Agenda

Borrower and Guarantor Due Diligence

• a) Background investigation
• b) Legal issues
• c) Financial information
• d) Other items

Transaction Due Diligence

• a) Collateral ownership
• b) Collateral value
• c) Environmental concerns

Red Flags warning lending officers and auditors

Due diligence does not stop with the funding of a loan. A borrower is not static. The world in which they operate is ever changing. As a result, their condition is ever changing. The biggest mistakes in commercial lending often happen at the time of a renewal. The process of due diligence for non-financial items are not considered again. So, when the borrower says, “Everything is great” “Believe none of what you hear and half of what you see”.