This webinar discusses analyzing tax returns to determine global cash flow for borrowers with multiple pass-through entities. It provides examples of calculating cash flow at the entity, owner, and global levels using tax returns such as 1120S, 1065, and 1040. The webinar addresses questions about which tax returns to require from owners and guarantors and how to estimate family living expenses when determining debt coverage ratios. Participants are polled on their approaches to debt coverage ratios, cash flow analysis, and requirements for guarantees.
Green Legos 6 Ns A Map to Tax Return AnalysisLinda Keith
The document provides a guide to analyzing tax returns for lenders using Lego pieces as an analogy. It describes using green Legos to represent recurring cash flow, blue Legos for non-cash items, and yellow Legos for non-recurring items. It also mentions using red Legos to flag any red flags. The document then describes a six Ns approach to get from taxable income to recurring cash flow using the categories of nontaxed income, nondeducted expenses, noncash expenses, nonrecurring income/expenses, new income/expenses, and nondocumented income.
InKnowVision June 2012 HNW Technical Webinar 1 - Valuation PlanningInKnowVision
The document provides an overview and summary of a webinar on valuation and its impact on succession planning. It discusses why valuations are necessary for tax and succession strategies, how the valuation expert fits into the succession team, and how valuations are used for tax and business planning. It also covers valuation methodologies, discounts, IRS case law, and differences between fair market value and investment value.
Revenue loans are an increasingly common way for businesses to fund their growth.
You might be wondering, from a legal perspective, how is a revenue loan different from a regular loan? How is it similar?
In this presentation, startup lawyer Joe Wallin explains what a Revenue Loan is, how it differs from traditional startup capital, and key terms of a revenue loan agreement.
This document provides an overview and presentation on the CMG Home Ownership Accelerator program. It begins by noting how previous generations spent their working years paying off 30-year mortgages. It then discusses trends toward smaller mortgage payments and rising household debt levels. The presentation argues that the conventional wisdom of opting for a 30-year fixed rate mortgage may not be the best strategy, as it can result in paying a high amount of interest over the long run. It introduces the Home Ownership Accelerator program as an alternative that allows borrowers to pay down their principal faster by depositing income directly into a line of credit, saving on interest costs over time. Key details about the program are outlined, and objections to
Since its emergence in 2008, robo advisers have grown remarkably. It currently controls $100 billion of the world's assets under management (AUM) and it is projected to control 10% of global AUM by 2020. Still, many are unaware of what it is. We break it down in less than 10 slides with a preview of what a robo adviser actually looks like.
The document discusses creating a value for money assessment for pension policies that provides meaningful analysis to policyholders. It outlines key benefits expected from pension policies, such as funds to save into and policyholder support. It also discusses calculating value for money by comparing costs like fees to weighted benefits and services. The document raises concerns about potential conflicts of interest for some independent governance committees and a lack of consistent annual reporting across insurers. It envisions how pension savings could be invested in infrastructure and used to fund housing and regeneration projects in the future.
How SupplierPay Will Impact Your Business and How to Get AheadTaulia
On July 11th, 2014, The White House announced an early payment initiative called SupplierPay to help small businesses get access to financing. President Obama selected a group of top executives from 26 of the largest U.S. companies, many of which are already using Taulia, to discuss the impact supplier financing has on the small business economy.
This isn't new to us--we've been helping Fortune 500 companies pay their suppliers earlier for over 6 years.
In this presentation, discover:
-What exactly SupplierPay is and why it matters to the economy
-The impact SupplierPay will have on your business
-How you can easily get ahead
Green Legos 6 Ns A Map to Tax Return AnalysisLinda Keith
The document provides a guide to analyzing tax returns for lenders using Lego pieces as an analogy. It describes using green Legos to represent recurring cash flow, blue Legos for non-cash items, and yellow Legos for non-recurring items. It also mentions using red Legos to flag any red flags. The document then describes a six Ns approach to get from taxable income to recurring cash flow using the categories of nontaxed income, nondeducted expenses, noncash expenses, nonrecurring income/expenses, new income/expenses, and nondocumented income.
InKnowVision June 2012 HNW Technical Webinar 1 - Valuation PlanningInKnowVision
The document provides an overview and summary of a webinar on valuation and its impact on succession planning. It discusses why valuations are necessary for tax and succession strategies, how the valuation expert fits into the succession team, and how valuations are used for tax and business planning. It also covers valuation methodologies, discounts, IRS case law, and differences between fair market value and investment value.
Revenue loans are an increasingly common way for businesses to fund their growth.
You might be wondering, from a legal perspective, how is a revenue loan different from a regular loan? How is it similar?
In this presentation, startup lawyer Joe Wallin explains what a Revenue Loan is, how it differs from traditional startup capital, and key terms of a revenue loan agreement.
This document provides an overview and presentation on the CMG Home Ownership Accelerator program. It begins by noting how previous generations spent their working years paying off 30-year mortgages. It then discusses trends toward smaller mortgage payments and rising household debt levels. The presentation argues that the conventional wisdom of opting for a 30-year fixed rate mortgage may not be the best strategy, as it can result in paying a high amount of interest over the long run. It introduces the Home Ownership Accelerator program as an alternative that allows borrowers to pay down their principal faster by depositing income directly into a line of credit, saving on interest costs over time. Key details about the program are outlined, and objections to
Since its emergence in 2008, robo advisers have grown remarkably. It currently controls $100 billion of the world's assets under management (AUM) and it is projected to control 10% of global AUM by 2020. Still, many are unaware of what it is. We break it down in less than 10 slides with a preview of what a robo adviser actually looks like.
The document discusses creating a value for money assessment for pension policies that provides meaningful analysis to policyholders. It outlines key benefits expected from pension policies, such as funds to save into and policyholder support. It also discusses calculating value for money by comparing costs like fees to weighted benefits and services. The document raises concerns about potential conflicts of interest for some independent governance committees and a lack of consistent annual reporting across insurers. It envisions how pension savings could be invested in infrastructure and used to fund housing and regeneration projects in the future.
How SupplierPay Will Impact Your Business and How to Get AheadTaulia
On July 11th, 2014, The White House announced an early payment initiative called SupplierPay to help small businesses get access to financing. President Obama selected a group of top executives from 26 of the largest U.S. companies, many of which are already using Taulia, to discuss the impact supplier financing has on the small business economy.
This isn't new to us--we've been helping Fortune 500 companies pay their suppliers earlier for over 6 years.
In this presentation, discover:
-What exactly SupplierPay is and why it matters to the economy
-The impact SupplierPay will have on your business
-How you can easily get ahead
How to fund your growth for 2015 ? Discover revenue-based financing Lighter Capital
What's your big idea for 2015?
For entrepreneurs, the beginning of a new year often involves a lot of planning for the next phase of your company's growth. Whatever your growth plan may be, taking your company to the next level requires investment, and investment generally means outside funding.
Join our upcoming webinar with Lighter Capital CEO BJ Lackland to learn about revenue based financing. Our funding is entrepreneur-friendly and will:
Get you access to capital fast
Not require any personal guarantees
Not dilute your equity
With Lighter Capital, you can get funded for 2015. Spend next year growing your business, not looking for ways to fund it!
This document discusses using pooled funds to de-risk defined benefit pension plans by reducing volatility relative to liabilities. It suggests that liability-driven investment (LDI) matching funds can potentially reduce risk by 25% while delivering equity-like returns with lower risk through diversified growth funds. However, trustees may be hesitant to use these strategies due to concerns about timing market movements and needing specialist advisers to recommend and implement pooled funds.
How to Handle Your Business' Numbers Like a BossJulio C. Cañas
Finance is one of the fundamental pillars of any business, but when it comes to numbers, many entrepreneurs and business owners struggle and get a lot of headaches. Well, there is an “aspirin” for those headaches: Financial Intelligence. In this workshop, you will learn why numbers matter, the nuts and bolts of financial statements and how to use financial information like a boss.
What's it like to work with The Independent Financial Group? Founding Principal Jim Lorenzen talks about how IFG may be different from other wealth management advisory firms.
This document discusses 15 ways for real estate investors to obtain business credit, loans, and lines of credit. It begins by providing background on real estate investing and how house flipping has increased in popularity. It then explains why traditional lenders may not provide funding for high-risk real estate deals and outlines alternative options for financing flipping projects including unsecured credit, cash flow lending, merchant cash advances, securities-based lines of credit, 401(k) financing, and house flipper financing. It stresses the importance of building business credit over time by starting with vendor and store credit cards and lines of credit. Government grants are also mentioned as a source of free funding for real estate projects.
The document provides information about credit reports, credit scores, credit counseling, and developing a budget. It defines what a credit reporting agency is and the different types of information contained in a credit report. It also explains how long negative information typically stays on credit reports and tips for disputing errors. The document outlines what a FICO credit score is, what it considers, and tips for improving your score. It discusses the dangers of credit card debt, payday loans, and benefits of working with an accredited credit counseling agency for debt repayment plans.
This is a presentation which I will give to the Lowcountry Human Resource Association on May 7, 2019. Why are Accounting & Finance important? Why is HR important? What's the status of the accounting profession right now? What are the hard trends affecting the accounting profession? What are some initiatives that Accounting & Finance and HR can partner on?
In a competitive environment, just giving the customer a good rate may not be enough. Financial institutions must value the complete relationship in order to understand how valuable that customer truly is.
Deluxe corp small business owner views on payment optionsDeluxe Corporation
This document summarizes research from Deluxe Corporation on payment options for small businesses. It includes key findings from Deluxe's quantitative research showing a decline in check usage and rise in electronic and card payments. Qualitative research identified 10 learnings, including that small businesses want payment solutions that don't disrupt their accounting processes, provide payment confirmation, allow remittance data, have broad acceptance, and are simple and secure. The research aims to help Deluxe develop payment solutions that meet small business needs and preferences.
Successfully Managing Customer Relationships and Product Portfolios Baker Hill
The document discusses successfully managing customer relationships and product portfolios through data-driven marketing. It notes that leadership wants growth but marketing lacks data and skills. The state of marketing is described, and the importance of understanding customer capacity and propensity is emphasized. A case study shows how continuous communications targeting products to customers based on their data increased balances, relationships, and adoption of services.
The document is a presentation by Steve Scott of Retirement Solution Group (RSG) to participants of RSG's 401(k) plan. The presentation provides an update on the markets in 2013, discusses understanding asset allocation funds, and looks ahead at managing retirement plans with high uncertainty. Key points covered include 2013 contribution limits, the importance of knowing what investments one owns and their strategy, and managing retirement plans when there are many unknown factors. The presentation emphasizes staying engaged in one's retirement plan but not too engaged to be emotional.
With the FASB’s current expected credit loss (CECL) model due to be released before the end of the year, there are many changes that banks and credit unions should plan for. These slides accompany a webinar, and cover a summary of the expected loss model as proposed, the do's and don'ts for bankers as they prepare, and ways that CECL will impact the ALLL calculation. View the corresponding webinar recording here: http://web.sageworks.com/cecl-prep-webinar/
The Need for Analytics and the Value of Understanding Profit RiskBaker Hill
The session will outline the reasons for implementing a data analytics program to identify strengths, weaknesses, opportunities and threats. We will investigate the method used in Baker Hill Analytics to calculate profitability at each level of the institution.
This document discusses various business finance options including debt, equity, and government funding schemes. It outlines the main differences between debt and equity, and notes that financing should be driven by business strategy rather than the other way around. Specific funding sources covered include bank loans, asset finance, factoring, the Enterprise Finance Guarantee, regional schemes, grants, venture capital, private equity, and business angels. Key considerations for funders seeking equity include exit strategy, valuation, and expected returns. The document stresses the importance of a well-defined business plan and forecasts for successful fundraising.
The Next Recession is Coming... This is Your Survival GuidePhil Argue
This presentation was presented as a webinar in July 2018 with Early Growth Financial Services and Prepared Capital. The link to the webinar (with audio) is available here: https://preparedcapital.com/blog/the-next-recession-is-coming-survival-guide/
WeInvest offers a digital wealth platform to Financial Institutions in Asia and Middle East, for making investment related decisions simpler, smarter and cheaper for the retail investor.
Short-Term Crisis or Long-Term Regime Change? Implications for Strategic Asse...Redington
The document discusses strategies for pension funds to achieve full funding status by 2020, including setting clear goals and performance indicators. It outlines a 7-step plan to reach full funding, including liability driven investment strategies, hedging interest rate and inflation risk, and maintaining sufficient liquidity. Charts show trends in gilt yields, credit spreads, and the evolution of liability driven investment approaches over time. The closing pages provide contact details for the risk management firm that authored the report.
Global Cash Flow Analysis: What, When, Why, and HowLibby Bierman
This document summarizes a presentation on global cash flow analysis. It discusses analyzing the combined cash flow of interconnected entities like businesses, property, and personal finances. Global cash flow analysis is important to get an accurate picture of debt and income when entities' finances are combined. The presentation covers why and when to use global cash flow analysis, how to perform it, best practices, and common mistakes. It emphasizes combining income and debt sources, avoiding double-counting, and using tax forms to calculate personal cash flow contributions.
This document discusses different types of cash flow analysis that are important for lenders:
1) Traditional or EBITDA cash flow provides a cursory view of profitability but does not consider balance sheet impacts or timing differences.
2) Accrual cash flow remedies the shortcomings of traditional cash flow by integrating balance sheet changes using methods like Uniform Credit Analysis (UCA) cash flow.
3) Contractor's cash flow specifically analyzes future cash inflows and outflows from work-in-progress reports, balance sheets, and income statements to determine net cash flow and overhead coverage for construction companies.
How to fund your growth for 2015 ? Discover revenue-based financing Lighter Capital
What's your big idea for 2015?
For entrepreneurs, the beginning of a new year often involves a lot of planning for the next phase of your company's growth. Whatever your growth plan may be, taking your company to the next level requires investment, and investment generally means outside funding.
Join our upcoming webinar with Lighter Capital CEO BJ Lackland to learn about revenue based financing. Our funding is entrepreneur-friendly and will:
Get you access to capital fast
Not require any personal guarantees
Not dilute your equity
With Lighter Capital, you can get funded for 2015. Spend next year growing your business, not looking for ways to fund it!
This document discusses using pooled funds to de-risk defined benefit pension plans by reducing volatility relative to liabilities. It suggests that liability-driven investment (LDI) matching funds can potentially reduce risk by 25% while delivering equity-like returns with lower risk through diversified growth funds. However, trustees may be hesitant to use these strategies due to concerns about timing market movements and needing specialist advisers to recommend and implement pooled funds.
How to Handle Your Business' Numbers Like a BossJulio C. Cañas
Finance is one of the fundamental pillars of any business, but when it comes to numbers, many entrepreneurs and business owners struggle and get a lot of headaches. Well, there is an “aspirin” for those headaches: Financial Intelligence. In this workshop, you will learn why numbers matter, the nuts and bolts of financial statements and how to use financial information like a boss.
What's it like to work with The Independent Financial Group? Founding Principal Jim Lorenzen talks about how IFG may be different from other wealth management advisory firms.
This document discusses 15 ways for real estate investors to obtain business credit, loans, and lines of credit. It begins by providing background on real estate investing and how house flipping has increased in popularity. It then explains why traditional lenders may not provide funding for high-risk real estate deals and outlines alternative options for financing flipping projects including unsecured credit, cash flow lending, merchant cash advances, securities-based lines of credit, 401(k) financing, and house flipper financing. It stresses the importance of building business credit over time by starting with vendor and store credit cards and lines of credit. Government grants are also mentioned as a source of free funding for real estate projects.
The document provides information about credit reports, credit scores, credit counseling, and developing a budget. It defines what a credit reporting agency is and the different types of information contained in a credit report. It also explains how long negative information typically stays on credit reports and tips for disputing errors. The document outlines what a FICO credit score is, what it considers, and tips for improving your score. It discusses the dangers of credit card debt, payday loans, and benefits of working with an accredited credit counseling agency for debt repayment plans.
This is a presentation which I will give to the Lowcountry Human Resource Association on May 7, 2019. Why are Accounting & Finance important? Why is HR important? What's the status of the accounting profession right now? What are the hard trends affecting the accounting profession? What are some initiatives that Accounting & Finance and HR can partner on?
In a competitive environment, just giving the customer a good rate may not be enough. Financial institutions must value the complete relationship in order to understand how valuable that customer truly is.
Deluxe corp small business owner views on payment optionsDeluxe Corporation
This document summarizes research from Deluxe Corporation on payment options for small businesses. It includes key findings from Deluxe's quantitative research showing a decline in check usage and rise in electronic and card payments. Qualitative research identified 10 learnings, including that small businesses want payment solutions that don't disrupt their accounting processes, provide payment confirmation, allow remittance data, have broad acceptance, and are simple and secure. The research aims to help Deluxe develop payment solutions that meet small business needs and preferences.
Successfully Managing Customer Relationships and Product Portfolios Baker Hill
The document discusses successfully managing customer relationships and product portfolios through data-driven marketing. It notes that leadership wants growth but marketing lacks data and skills. The state of marketing is described, and the importance of understanding customer capacity and propensity is emphasized. A case study shows how continuous communications targeting products to customers based on their data increased balances, relationships, and adoption of services.
The document is a presentation by Steve Scott of Retirement Solution Group (RSG) to participants of RSG's 401(k) plan. The presentation provides an update on the markets in 2013, discusses understanding asset allocation funds, and looks ahead at managing retirement plans with high uncertainty. Key points covered include 2013 contribution limits, the importance of knowing what investments one owns and their strategy, and managing retirement plans when there are many unknown factors. The presentation emphasizes staying engaged in one's retirement plan but not too engaged to be emotional.
With the FASB’s current expected credit loss (CECL) model due to be released before the end of the year, there are many changes that banks and credit unions should plan for. These slides accompany a webinar, and cover a summary of the expected loss model as proposed, the do's and don'ts for bankers as they prepare, and ways that CECL will impact the ALLL calculation. View the corresponding webinar recording here: http://web.sageworks.com/cecl-prep-webinar/
The Need for Analytics and the Value of Understanding Profit RiskBaker Hill
The session will outline the reasons for implementing a data analytics program to identify strengths, weaknesses, opportunities and threats. We will investigate the method used in Baker Hill Analytics to calculate profitability at each level of the institution.
This document discusses various business finance options including debt, equity, and government funding schemes. It outlines the main differences between debt and equity, and notes that financing should be driven by business strategy rather than the other way around. Specific funding sources covered include bank loans, asset finance, factoring, the Enterprise Finance Guarantee, regional schemes, grants, venture capital, private equity, and business angels. Key considerations for funders seeking equity include exit strategy, valuation, and expected returns. The document stresses the importance of a well-defined business plan and forecasts for successful fundraising.
The Next Recession is Coming... This is Your Survival GuidePhil Argue
This presentation was presented as a webinar in July 2018 with Early Growth Financial Services and Prepared Capital. The link to the webinar (with audio) is available here: https://preparedcapital.com/blog/the-next-recession-is-coming-survival-guide/
WeInvest offers a digital wealth platform to Financial Institutions in Asia and Middle East, for making investment related decisions simpler, smarter and cheaper for the retail investor.
Short-Term Crisis or Long-Term Regime Change? Implications for Strategic Asse...Redington
The document discusses strategies for pension funds to achieve full funding status by 2020, including setting clear goals and performance indicators. It outlines a 7-step plan to reach full funding, including liability driven investment strategies, hedging interest rate and inflation risk, and maintaining sufficient liquidity. Charts show trends in gilt yields, credit spreads, and the evolution of liability driven investment approaches over time. The closing pages provide contact details for the risk management firm that authored the report.
Global Cash Flow Analysis: What, When, Why, and HowLibby Bierman
This document summarizes a presentation on global cash flow analysis. It discusses analyzing the combined cash flow of interconnected entities like businesses, property, and personal finances. Global cash flow analysis is important to get an accurate picture of debt and income when entities' finances are combined. The presentation covers why and when to use global cash flow analysis, how to perform it, best practices, and common mistakes. It emphasizes combining income and debt sources, avoiding double-counting, and using tax forms to calculate personal cash flow contributions.
This document discusses different types of cash flow analysis that are important for lenders:
1) Traditional or EBITDA cash flow provides a cursory view of profitability but does not consider balance sheet impacts or timing differences.
2) Accrual cash flow remedies the shortcomings of traditional cash flow by integrating balance sheet changes using methods like Uniform Credit Analysis (UCA) cash flow.
3) Contractor's cash flow specifically analyzes future cash inflows and outflows from work-in-progress reports, balance sheets, and income statements to determine net cash flow and overhead coverage for construction companies.
Self-Employed Borrower: Case Study Part II: Completing the Form 91 with Busin...NAFCU Services Corporation
Session 2 continues to take the participant through a review of Freddie Mac's Form 91. The participant will calculate the qualifying income for a fictitious couple by entering their tax return data on the Form 91. For more info: www.nafcu.org/genworth
The 16th Amendment allows Congress to collect income taxes from individuals without requiring that the rates be the same in each state. It permits Congress to tax income "from whatever source derived," whether from salaries, real estate transactions, or investments. This established the federal government's right to impose and collect an income tax nationwide as a way to generate revenue.
Find out how banks and credit unions calculate the required reserve for impaired loans in the loan portfolio. This session reviews the three most common methods for impairment analysis: Present Value of Future Cash Flow, Market Value of Collateral and Loan Pricing. Visit www.sageworks.com for more resources on the allowance for banks.
The document summarizes an agenda and presentations for a K-1 Boot Camp. The agenda includes a line-by-line review of the Schedule K-1, a discussion of the differences between traders and investors, varying presentations of Schedule K-1 information between funds, and summaries of common footnotes included on Schedule K-1s. The presentations will be given by tax professionals from Anchin, Block & Anchin and Decosimo Certified Public Accountants.
Red flags and green lights in tax returnsLibby Bierman
Competent tax return analysis is critical to saying ‘yes’ to good loans. Yet it is more than mere numbers and formulas. In this webinar, Linda Keith CPA cover some of the red flags that should stop you in your tracks when you see them in a prospective borrower’s return. And, sometimes a red flag is a green light in disguise.
This document discusses green calls at Lloyds Banking Group. Green calls refer to calls made to customers who are in arrears or financial difficulty. The expectations for green calls are to identify and verify customers, understand the reason for their arrears, negotiate affordable and sustainable solutions, and ensure good conduct and customer outcomes. Quality assurance involves testing calls for adherence to scripts and customer focus. The document emphasizes listening to customers, understanding individual needs, and removing barriers to affordable solutions to achieve the right long-term outcomes for customers. It outlines frameworks for testing and improving customer experience at suppliers.
This document discusses funding options for growing SaaS companies. It provides an overview of BJ Lackland and his experience financing early stage tech companies. It then summarizes Lighter Capital's financing model of revenue-based financing, which provides capital to companies in exchange for a percentage of monthly revenue over time. The presentation outlines various funding paths like venture capital, debt, and blended models. It compares features of different funding sources and provides tips for selecting a funding path and preparing for funding.
Leveraged Planning Solutions are financial strategies designed for business owners. They allow business owners to use funds from a commercial loan to invest large sums tax-deferred through an insurance or annuity product. This leverages the business owner's funds to grow tax-deferred over time. A case study examines how a $1 million loan at competitive rates could provide a physician business owner over $3 million in tax-free retirement income starting at age 65 through an indexed universal life policy. Leveraged Planning Solutions offer business owners flexible financing options to fund tax-advantaged retirement plans.
This document discusses managing working capital during the COVID-19 pandemic. It provides an overview of how COVID-19 is impacting businesses through lower sales, supply chain issues, and increased counterparty risk. It then discusses how different business functions like procurement, payments, and treasury can help address the resulting working capital crunch through strategies like optimizing payment terms, supporting critical suppliers, upgrading payment methods, and improving cash positioning and forecasting. The conclusion emphasizes that adopting a holistic approach to enterprise liquidity management through collaboration between functions is key to better preparing for future crises.
This is a presentation created by Global Financial Disrtibutors (GFD) and used by permission. This presentation explains Leveraged Planning Solutions and who they are good for.
Presented by Michael E Winkler
Guaranteed Rate is a large retail mortgage lender founded in 2000 and licensed in all 50 states. It has approximately 170 offices nationwide and closed $12.4 billion in loan volume in 2014. Guaranteed Rate aims to provide a fast and transparent mortgage process for customers along with competitive products and services tailored to real estate agents. Key offerings include various loan options, digital mortgage capabilities, marketing support, and an online real estate community called Partner Xchange.
Using Analytics to Grow the Small Business PortfolioSaggezza
This document discusses how data analytics can help financial institutions grow their small business portfolios. It begins by outlining how data analytics can provide a competitive advantage. It then discusses how large banks are using data analytics to predict customer needs and increase sales. The document proposes five key steps for becoming a data-driven organization: 1) set goals; 2) assess talent and capabilities; 3) uncover valuable insights; 4) take action on insights; and 5) create a data-driven culture. Finally, it provides 13 specific action items that financial institutions can take to grow their small business portfolios using data analytics.
Biz2Credit and Small Business Trends hosted a free webinar, Small Business 2015 Outlook, featuring money-saving tax advice from experts in accounting, finance and business incorporation.
This document discusses Genworth MI Canada Inc., a residential mortgage insurer in Canada. It provides the following information:
- Genworth has a proven business model as the largest private residential mortgage insurer in Canada. It has helped over 1 million families achieve homeownership.
- For 2016, Genworth expects regulatory changes, a modestly smaller mortgage originations market, and economic factors like low oil prices to impact its business. It forecasts moderately lower total premiums written but modest growth in premiums earned.
- Genworth maintains a strong financial position with a 2015 loss ratio of 21% and capital ratio of 233%. It expects its 2016 loss ratio to be in the range of 25-40% given economic assumptions.
Employee ownership: Protect your legacy even in challenging times (thriving t...project-equity
Hosted by Project Equity and Northcoast SBDC / Webinar recorded on August 12, 2020
Small business owners are facing tremendous challenges today and uncertain what tomorrow may bring. Some of you are wondering how this crisis will affect your business succession.
Employee buyouts can be a powerful succession strategy. They’re also a strong way to sustain your legacy: employee-owned businesses demonstrate better long-term resilience and performance.
Learn how selling to your employees benefits the exiting owner as well as the new owners. Come away with some practical next steps. Qualified North Coast SBDC clients may access a no-cost feasibility analysis for your business through Project Equity.
Michael Gentry presented on cash flow management for construction and real estate companies. He discussed why the timing of cash inflows and outflows is essential, and how strong cash flow strategies like billing in excess of costs and maintaining credit lines can help companies avoid vulnerable positions. Gentry also covered analyzing job cash flow status, projecting cash flows, establishing collection and payment policies, and routinely analyzing cash levels. The presentation provided construction companies with strategies to properly manage cash flow and keep their businesses operating smoothly.
This document discusses the state of the financial services industry and presents a solution for becoming a financial advisor with Transamerica Financial Advisors (TFA). It notes that many middle-income families are underserved or overlooked by the current industry. It then outlines the benefits of joining TFA, such as training, support services, compensation structures including commissions and recurring income, and examples of successful current financial advisors at TFA. The conclusion encourages the reader to consider this opportunity to help clients and earn an income.
Discover a New Funding Option - Revenue Based Financing Lighter Capital
Get Your Growth Capital Beyond VCs, Angels and Banks.
In this webinar, BJ Lackland, CEO at Lighter Capital explains why revenue-based financing is a better funding option for growing companies. Watch and learn:
-What's Revenue Based Financing
-Who It's Designed For and How to Decide if it's For You
-How Does It Compares to Other Funding Options like Angels, VCs, and Banks
Best practices in CSM compensation with customer success leadersGainsight
CSM compensation is one of the most often debated questions for companies no matter their level of maturity in Customer Success. Getting the right comp plan for CSMs can depend on a variety of factors including customer segmentation, ASP, upsell potential and more.
Make 2016 the Year You Conquer Customer SuccessGainsight
2016 is just around the corner — and that means it’s time to set your business New Year’s resolution for 2016. But why settle for one generic goal like reducing churn or raising upsell? Why not resolve to make 2016 the year your organization invests in your customers as a major business driver?
The $2 trillion federal coronavirus relief package signed recently, officially known as the CARES Act, includes the nearly $350 Paycheck Protection Program to help small businesses affected by the Coronavirus Pandemic. The new loan program is designed to help small businesses with their payroll and other business operating expenses. The Small Business Administration (SBA) will forgive the portion of the loan proceeds that are used to cover the first eight weeks of payroll costs, rent, utilities, and mortgage interest.
The SBA and the Department of Treasury have released the information that will guide the programs. To help entrepreneurs better understand how can they benefit from the program, we created the webinar in partnership with the SBA, Cambridge Trust and the law firm Nutter to answer questions including:
Who are eligible for a Paycheck Protection Program loan?
How do businesses apply? What information is needed?
How much money can a business receive through the loan program?
When will the loans be available?
What’s the interest rate?
What does the payment schedule look like?
How does the Affiliation Rules affect VC-backed startup’s eligibility?
Can the loan eventually be forgiven? What’s the eligibility for loan forgiveness?
What if the PPP Loan does not cover a business’s needs? What are the other options under the CARES Act?
Revenue Based Financing: Why it Works for Growing Technology Companies Lighter Capital
Get Your Growth Capital Beyond VCs, Angels and Banks.
In this webinar, BJ Lackland, CEO at Lighter Capital explains why revenue-based financing is a better funding option for growing technology companies. Watch and learn:
-What's Revenue Based Financing
-Who It's Designed For and How to Decide if it's For You
-How Does It Compares to Other Funding Options like Angels, VCs, and Banks
Similar to How to Use Tax Returns for Global Cash Flow with Multiple Pass-Through Entities (20)
Digitizing SMB loans: Overcoming speed and borrower experience concernsLibby Bierman
Banks and Credit Unions can take a look at digitizing their business lending process, with the advantages of both improving the borrower experience and increasing scale.
The document discusses accounting for purchased financial assets with credit deterioration under the new credit impairment standard (ASU 2016-13, Topic 326). It provides guidance on measuring and recording the allowance for credit losses for purchased assets with credit deterioration, allocating any non-credit discount or premium, and accounting for interest income. It also discusses required disclosures including reconciliation of changes to the allowance for credit losses.
HVCRE (high volatility commercial real estate): A PrimerLibby Bierman
In this webinar from Sageworks we cover the definition of High Volatility Commercial Real Estate (HVCRE) and best practices for mitigating concentration risk at banks and credit unions. Access this and other webinars at https://www.sageworks.com/banking/resources/bank-webinars/
In a recent poll, 42% of bankers indicated that commercial real estate is the primary focus for growth in the loan portfolio. At the same time, regulators are concerned that CRE may be overheating as lending standards have eased and CRE portfolios have experienced significant growth.
CECL - The Relationship Between Credit and FinanceLibby Bierman
CECL planning requires collaboration between a bank or credit union's credit and finance functions for the aggregation and analysis of credit loss history. In these slides, find out how decisions made early in your implementation process will influence your ability to leverage results/outputs.
Migration Analysis: The Way Forward for an Effective ALLL.
Financial institutions will learn about using migration analysis as a methodology to calculate their ALLL. The content covers: the process of migration analysis, how the methodology is viewed by regulators, challenges financial institutions face in implementing the methodology, benefits of using migration analysis compared to other methods, and an overview of recommendations for a financial institution considering implementing migration analysis.
Learning Objectives:
1) To understand what Migration Analysis is, and its role in calculating the ALLL.
2) To understand how Migration Analysis differs from other methodologies used in calculating a financial institution’s ALLL.
3) To gain an understanding of how Migration Analysis works within a loan portfolio.
4) To identify key requirements a financial institution needs to implement Migration Analysis, and how they can pose challenges.
5) To learn how Migration Analysis is viewed by regulators/regulation.
6) To identify the key benefits of using Migration Analysis over other methodologies.
7) To identify preparations a financial institution can take to transition from an existing methodology to Migration Analysis.
8) To understand how the advent of automated solutions has simplified Migration Analysis for financial institutions.
CECL - Understanding Data Requirements for Expected LossesLibby Bierman
In the webinars, Sageworks presents an overview of data requirements for the expected credit losses. They look at common data pitfalls for community banks and how they can start to bridge data gaps.
In this webinar from Sageworks (see recording: http://web.sageworks.com/eliminate-manual-data-entry/), consultant Bryce Lugar reviews best practices for document management in the life of the loan, explaining how banks and credit unions can reduce paper waste, inefficiency and data risk in credit analysis.
Discounted Cash Flow Methodology for Banks and Credit UnionsLibby Bierman
As institutions prepare for the CECL or current expected credit loss model for the allowance for loan and lease losses (ALLL), institutions are prudently learning the various methodologies available to them. Discounted Cash Flow or DCF is one proposed methodology. This session presents best practices and use cases for the ALLL methodology. See the recording: http://web.sageworks.com/dcf-webinar/
Member Business Lending: Growth and Risk ManagementLibby Bierman
Sageworks and Ancin Cooley, founder and principal of Synergy Credit Union Consulting, presented a webinar (access recording http://web.sageworks.com/risk-in-mbl-cooley/) reviewing how credit unions can develop and grow member business lending programs for their commercial members. Review to find out the risks inherent in MBL as well as benefits to this concentration.
In this webinar, Sageworks consultants explained the role that forecasting can have in preparation for the FASB's CECL model and under the new accounting guidance. Access the recording at http://web.sageworks.com/cecl-methodology-webinar-series/
During the CECL Methodology Webinar Series (http://web.sageworks.com/cecl-methodology-webinar-series/) questions from attendees have been compiled and answered. Access the recording to hear all the answers and dialogue: http://web.sageworks.com/cecl-methodology-webinar-series/
CECL Methodology Series for Off-Balance-Sheet Credit ExposuresLibby Bierman
Sageworks Neekis Hammond walks attendees through the calculation and segmentation of liabilities and reserves as they may apply to this part of the portfolio under the CECL model.
Recording: http://web.sageworks.com/cecl-methodology-webinar-series/
Sageworks Steven Marting and Nick Miler from Clarity Advantage present how community banks and credit unions can make process improvements that equate to increasing demand and performance for small business lending.
CECL Methodology Series for C&I Loan PoolsLibby Bierman
In this webinar, Sageworks looks at methodologies that banks and credit unions will likely use for commercial and industrial loans when calculating the ALLL under CECL. See the recording at http://web.sageworks.com/cecl-methodology-webinar-series/
CECL Methodology Series for Consumer Loan PoolsLibby Bierman
The document discusses methodologies for estimating expected credit losses under ASU 326 (CECL). It covers key considerations like segmentation, historical loss experience, and fundamental principles. Cumulative loss rates are emphasized over average annual rates to properly reflect the life of the asset. Roll-rate models are also discussed as applicable for short-term forecasting of revolving credits. Loan-level detail is important for loss rates but not for roll-rate models using delinquency band pools.
Building a Better Small Business Borrower ExperienceLibby Bierman
Recording; http://web.sageworks.com/small-business-borrower-experience/
Banks, CUs and alternative lenders alike are competing for small business loans as a potential source of growth. As a result of the competition, progressive institutions are evaluating how to improve the borrower experience for SMEs. In this webinar, we review research showing how institutions can better meet this segment's needs and expectations.
In this webinar, Sageaworks presents some of the methodologies that institutions are most likely to use with CRE or commercial real estate pools under the CECL model. The recording is accessible here: http://web.sageworks.com/cecl-methodology-webinar-series/
ALLL Webinar | CECL Methodologies Series Kick OffLibby Bierman
In this session Sageworks' Brandon Russell and Neekis Hammond explain prepayments, attrition rates, the use of FICO and data requirements for the CECL model to be used for financial institutions' ALLL or allowance for loan and lease losses.
Data Quality Considerations for CECL MeasurementLibby Bierman
This webinar covers how institutions should be getting their data ready for the Current Expected Credit Loss Model, CECL, which will be the new standard for the ALLL or allowance for loan and lease losses.
Find out more at alll.com.
With the current expected credit loss (CECL) model for the Allowance on the horizon, bankers will be asked to create future-looking methodologies that adjust for reasonable and supportable forecasts. Without adequate modeling experience, that can be a challenge for community banks and credit unions.
Watch the full webinar here: http://web.sageworks.com/forward-looking-alll-adjustments/
1. Elemental Economics - Introduction to mining.pdfNeal Brewster
After this first you should: Understand the nature of mining; have an awareness of the industry’s boundaries, corporate structure and size; appreciation the complex motivations and objectives of the industries’ various participants; know how mineral reserves are defined and estimated, and how they evolve over time.
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...AntoniaOwensDetwiler
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
Lecture slide titled Fraud Risk Mitigation, Webinar Lecture Delivered at the Society for West African Internal Audit Practitioners (SWAIAP) on Wednesday, November 8, 2023.
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...sameer shah
Delve into the world of STREETONOMICS, where a team of 7 enthusiasts embarks on a journey to understand unorganized markets. By engaging with a coffee street vendor and crafting questionnaires, this project uncovers valuable insights into consumer behavior and market dynamics in informal settings."
Abhay Bhutada, the Managing Director of Poonawalla Fincorp Limited, is an accomplished leader with over 15 years of experience in commercial and retail lending. A Qualified Chartered Accountant, he has been pivotal in leveraging technology to enhance financial services. Starting his career at Bank of India, he later founded TAB Capital Limited and co-founded Poonawalla Finance Private Limited, emphasizing digital lending. Under his leadership, Poonawalla Fincorp achieved a 'AAA' credit rating, integrating acquisitions and emphasizing corporate governance. Actively involved in industry forums and CSR initiatives, Abhay has been recognized with awards like "Young Entrepreneur of India 2017" and "40 under 40 Most Influential Leader for 2020-21." Personally, he values mindfulness, enjoys gardening, yoga, and sees every day as an opportunity for growth and improvement.
How to Use Tax Returns for Global Cash Flow with Multiple Pass-Through Entities
1. Use Tax Returns for
Global Cash Flow
with Multiple
Pass-Through Entities
2. Questions
+ A copy of the slides and webinar recording will be emailed to you following the
webinar
+ To ask a question during the webinar, enter it into the chat box in the
GoToWebinar panel on right side of screen
+ Ask questions at any time
+ Questions we do not answer during the webinar will be
answered individually afterwards.
3. About Sageworks
+ Financial information company that provides credit and risk management
solutions to financial institutions
+ Data and applications used by thousands of financial institutions and
accounting firms across North America
+ Awards
+ Named to Inc. 500 list of fastest growing privately held companies in the U.S.
+ Named to Deloitte’s Technology Fast 500
+ NC Tech Awards: Excellence in Customer Service
4. About Linda Keith CPA
+ She provides credit training to
financial institutions throughout the
country with a focus on Tax
Return Analysis and Financial
Statement Analysis
+ Linda is an expert in Business &
AgLending, Lending to the
Wealthy & other Complex
borrowers
+ She trains in both in-person and
virtual formats and for in-house or
open-enrollment audiences
+ Linda’s Sageworks Webinars are
the most forwarded and have the
highest attendance of our Credit
Analysis Topics.
18. 1120S
10401040
Jan owns 100% of Odds N Ends Medical Clinic Inc
1120S
1120S
K-1OR OR 1120S
1120S
K-1
Hubby Dan owns 90% of Valley Vineyards LLC
Dan owns 10% of Donut Shop
1065
1065
K-1OR OR 1065
1065
K-1
1120S
K-1
| 18
20. 1120S
Jan owns 100% of Odds N Ends Medical Clinic Inc
1120S
1120S
K-1OR OR 1120S
1120S
K-1
Hubby Dan owns 90% of Valley Vineyards LLC
Dan owns 10% of Donut Shop
1065
1065
K-1OR OR 1065
1065
K-1
1120S
K-1
10401040
51. $40,000 is the guaranteed payments to ALL partners.
Form 1065 Page One
40,000
51
52. Form 1065 Page OneOwners pay taxes on both guaranteed
payments and ordinary business income.
65,961
52
53. Form 1065 Page One
65,961
Bottoms Up Analysis +/- Item Amount
1065 Line 22 PLUS Taxable Income $65,961
1065 Line 15 Add Interest Expense 1,451
1065 16a Add Depreciation 1,174
K (various lines) PLUS or
Minus
Interest, Rentals etc 150
M-1 (various lines) PLUS or
Minus
Disallowed meals, etc -135
Equals Cash Available to Pay Debt
and distributions to owners
$68,601
53
54. Form 1065 Page One
Top Down Analysis +/- Item Amount
1065 Line 1 - 8 PLUS Revenue $207,139
1065 Line 21 Minus Expenses -141,178
K (various lines) PLUS or
Minus
Interest, Rentals etc 150
M-1 (various lines) PLUS or
Minus
Disallowed meals, etc -135
Net Profit $65,976
1065 15 Add Interest Expense 1,451
1065 16a Add Depreciation 1,174
Cash Available to Pay Debt
and distributions to owners
$68,601
54