Two new online courses on commercial lending have been added to the MFAA Learning Hub.
The courses are perfect for brokers just starting out in, or thinking about diversifying into, commercial lending including asset finance, equipment finance and business loans.
The first course, Commercial Ready, provides ‘how to’ knowledge and skills to get started. It details the core principles of commercial lending including:
- servicing and securities
- debt structuring, conditions and covenants
- loan types, loan rates and features
- building quality recommendations and submissions.
The second course, Financial Statement Fundamentals delves into understanding and analysing financial statements and concepts including:
- balance sheets, profit and loss statements and cash flow statements
- key ratios and their application
- case studies to understand business performance.
Each course costs $75 (including GST).
MFAA Executive Professional Development Dan Walsh said the courses were designed to provide mortgage brokers a foundation in commercial lending, which is a way for brokers to diversify their businesses.
“Commercial lending encompasses a wide range of lending including asset finance, equipment finance, commercial property and business loans. This variety offers an opportunity for our members to assist their clients in many ways, including current clients who may be small business owners looking for credit options,” he said.
Log into the MFAA Learning Hub.