Collateral Types and Assessing Quality

8.5.26 | 12:00 PM EST

Instructor: Joe Davis

Course Duration: 1 HR

What You'll Learn

This course covers the key aspects of using collateral as a secondary source of repayment for commercial loans. Participants will gain an understanding of specific attributes impacting each main collateral type. Determining ineligible collateral and appropriate advance rates are key takeaways. The course will also cover third-party appraisals and related considerations. This topic is designed for credit professionals, lenders, workout officers, and risk managers seeking to deepen their underwriting and workout knowledge.

Topics covered in this course

Purpose of Collateral
Personal Property
Real Property
Going Concern Value
Appraisal Types
Liquidation Value
Advance Rates
Examples

Accreditations

CPE/NASBA - Group Internet Based

Noggin Guru, Inc. dba Lorman Education Services and BankersHub 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.

For more information regarding administrative policies such as complaint and refund, please contact our offices at 866-352-9539.

Please note: You must attend at least 50 minutes to obtain credit. Final CPE approval belongs with each state's regulatory board. Credit is based on a 50-minute credit hour.

For more detailed information about the course, including the outline, content, and objectives, please refer to the 'Description' tab on this webpage.

Field Of Study: Finance
Prerequisite: Basic knowledge of the banking industry, business, or law
Level of Knowledge: Intermediate
Advanced Preparation: None
Delivery Method: Group Internet Based

Requesting CE:
Upon completion of this course, please email creditrequest@nogginguru.com to obtain a CE certificate.

About the Author:

Joe Davis

Joe Davis has been in the banking industry for over 25 years, primarily in commercial credit and lending roles, including serving as Chief Credit Officer of a $1.2 billion community bank. Joe has extensive knowledge of credit analysis, portfolio monitoring, and risk management. Joe earned an MBA from University of Michigan-Flint, a BA in Economics from Michigan State University, and completed the Graduate School of Banking at Colorado.

On-Demand Course