Tutorvo

Cash-flow lending: EBITDA, CFADS & DSCR

Lesson 3 of 714 minLab

This lesson is part of the course

In this lesson

You rebuild EBITDA from net income, work out the cash really available to lenders and test it against debt service.

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Lessons in this course

  1. The 5 Cs of credit: a weighted scorecardLab12 min Locked
  2. Credit ratios: leverage, coverage, liquidityLab14 min Locked
  3. Cash-flow lending: EBITDA, CFADS & DSCRLab14 min Locked
  4. Debt capacity: how much can they borrow?Lab14 min Locked
  5. Covenant tests & headroomLab14 min Locked
  6. Working-capital lending: the borrowing baseLab14 min Locked
  7. Expected loss & risk-based pricingLab15 min Locked