Old articles archive 2002 & 2003
November 8, 2003 Update. More content added
While going over the site yesterday, I realized that it could use a bit more content. Add to that the fact that I had some time to kill today, the newly arrived laptop from Dell sitting on my desk beckoning me, and the fact that I am going to have to start using it in the site if I want to make sure that our friends at the IRS don't mind the laptop deduction created a powerful concoction that prompted me to actually get out of bed and write a few articles today.
I had an objective, but no plan. Believe it or not is hard to come up with content about a commercial lending site, without sounding too repetitious. I mean a loan is a loan and that is it. Granted that the loans can change in characteristics a lot, but essentially they are all the same at heart. So I am sitting there thinking what the next topic should be and an idea occurs! This week, the powers that be of my employer, in their infinite wisdom, decided to send a few of the Senior Credit Analysts to a refresher course. Don't get me wrong, I am the first person to vote for some training if it means leaving the cubicle for a while, but this training involved driving 25 miles to a branch instead of doing it in the main office. Naturally, the driving was in the opposite direction of my house so this added more than an hour to my commute time.
Nevertheless, the refresher course while not providing any new information, gave me some writing ideas. The following article/summaries on commercial real estate lending are the result, I hope you find them useful.
Using Real Estate as Collateral
Using Real Estate as Collateral - part 2
Prepare to meet your Banker
Prepare to meet your Banker - part 2
Prepare to meet your Banker - part 3
Reasons for buying Real Estate
Risky Real Estate loans
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June 20 2003 Update. Making your small business look good to a lender.
I had some time to kill today and decided to write a little article about business financial statements and how they can be improved. Taking into consideration that the lender is going to base its decision on them, it is important to put your best possible face forward. You can find the article here
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May 2003 Updates. Added 25 pages to the site.
In the last 7 months, I have received over a hundred questions regarding business loans and real estate investment loans. However, the forum is not really search engine friendly and people were having a hard time reaching the information. Therefore, I extracted 25 of the oldest topics and exported the info into new pages that are online. You can find them here
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Date: April 1, 2003
Title: Guide to letters of credit
Content: A letter of credit is an specialized form of financing used by business to facilitate import/export transactions.
Read the article here
Date: April 1, 2003
Title: Guide to common loan covenants
Content: A list of the most common loan covenants and a brief explanation of each.
Read the article here
Date: March 14, 2003
Title: Guide to successful sales on credit for your business
Content: Following on the success of my cash conversion cycle article, here is more information on good credit managing and collections for your business.
Read the article here
Date: March 3, 2003
Title: Amortization loan calculator
Content: Using my great skills as a php programing expert, I have been able to add a nice tool to compute amortization and payment.
Use the tool here
Date: November 8, 2002
Title: Personal cash flow explained
Content: Personal cash flow as a source of repayment for commercial real estate loans or business loans.
Read about it here
Date: November 13, 2002
Title: Business line of credit explained
Content: A short article about the different types of lines of credit and related terms.
Read about it here
Date: November 8, 2002
Title: Hypothecation
Content: Using securities as collateral for loans.
Read about it here
Date: November 5, 2002
Title: Cash conversion cycle
Content: Cash conversion cycle explained with a breakdown of the components.
Read about it here
Date: November 2, 2002
Title: October 2002 Stats
Content: 4000 Thousand visitors very nice, expect a little drop in November.
Look at the stats here
Date: October 20, 2002
Title: Another target fed funds rate drop in the horizon?
Content: After 11 rate drops during 2001, it seems that the economy needs more to get jumping again.
Read about it here
Date: October 16, 2002
Title: New Banking regulation proposed by FDIC chairman
Content: FDIC Chairman Don Powell today proposed a new federal supervisory structure for banking, securities and insurance that would eliminate inefficiencies and costs in the current system.
Read the press release here
Date: October 15, 2002
Title: Financial Ratios
Content: A list of financial ratios with formulas and descriptions.
Read up on the types of ratios
Date: October 11, 2002
Title: Types of analysis
Content: A list indicating the different types of analysis and a brief description of each
Read up on the types of analysis.
Date: October 10, 2002
Title: Proposed HUD reform on closing costs and disclosure
Content: Promising legislation should make the closing cost statement easier to read and no longer require a finance degree.
Read the press release
Date: October 5, 2002
Title: Unrelated Ramblings
Content: Some unrelated ramblings that have nothing to do with credits or loans.
Read the babbblings now!
Date: October 5, 2002
Title: September 2002 Stats (Only 5 days)
Content: My new host has a nifty program installed to check stats. The numbers are probably higher than normal as some friends both at work and online have come to visit.
Look at the numbers now!
Date: September 23, 2002
Title: UCA Cash Flow explained
Content: A follow up to the traditional business cash flow article. This small essay tries to explain UCA cash flow.
Go to this article now
Date: September 17, 2002
Title: Using Traditional Cash Flow to Determine Repayment Capability
Content: An article on calculating traditional business cash flow. which is used by lenders to determine your business debt repayment capability.
Go to this article now
Date: September 13, 2002
Title: Corporate Fraud and Tarnished Reputations
Content: An article on BusinessWeek dated September 16, 2002 talks about how investment bankers overlook conflicts of interests and makes me wonder if credit analysts aren't guilty of similar sins.
Go to this article now
Date: September 12, 2002
Title: Changes in the ExportExpress SBA program
Content: SBA press release dated September 3, 2002 outlining changes to the ExportExpress program including the increase to $250,000.
Go to this article now
Date: September 7, 2002
Title: The importance of a good business credit report.
Content: Discussion and overview of Business Reports such as Dunn & Bradstreet. links to samples and overall advice.
Go to this article now
Date: September 3, 2002
Title: The five C's of Credit Analysis
Content: The five 5 c's of Credit Analysis: capacity, capital, collateral, conditions, and character
Go to this article now
Date: September 2, 2002
Title: Business Valuation
Content: Discussion and Overview of different valuation models.
Go to this article now
