Determining When to Term Out a Line of Credit
A line of credit (LOC) is a valuable lending tool for a borrower that needs working capital. However, if a client’s situation changes and long term repayment will be affected, the bank needs to assess when and how to term out their loan. This session will provide guidance on what to do–before the line goes bad and after the borrower has defaulted. The emphasis will be on the former because if the problem can be identified beforehand, mitigating the risk can be done by terminating the line and terming the balance out.
Who Should Attend: Credit Analysts, Credit Specialists, Junior & Senior Lenders, Underwriters, Relationship Managers, Business Bankers, Commercial Lenders, Business Development Officers
- Learn the purpose of line of credit–what should it be funding and how should it get repaid
- Understand underwriting the line of credit-purpose, amount, tenor, collateral, guarantees, covenants and conditions
- Discuss red flags of line of credit problems
- Understand solutions for problem line of credits–calling the line and terming it out
Devon Risk Advisory Group
As principal of Devon Risk Advisory Group, Dev Strischek specializes in credit risk and commercial banking management, training, and development. He is a frequent speaker, instructor, advisor, and writer for many different educational groups and associations. Dev is also recently retired from his role as SVP and senior credit policy officer at SunTrust Bank, Atlanta, where he was responsible for developing, implementing, and administering credit policies for SunTrust’s wholesale lines of business; including commercial, commercial real estate, corporate investment banking, capital markets, business banking and private wealth management.
|Pricing For||Price||Season Pass|
Season Pass Members receive 4 individual logins to every webinar
Participants will earn 1.0 CPE credit
Field of Study: Specialized Knowledge
Advanced Preparation: None
Program Level: Basic
Delivery Method: Group Internet Based
Refunds and Cancellations: Webinar registrations are non-refundable. If the registrant is unable to attend the designated time and date of the webinar, a playback link and any written materials will be provided within 2 business days following the conclusion of the webinar
Western Bankers Association is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:www.nasbaregistry.org.