6 'C's to a Lender's Decision-Making Process

6 'C's to a Lender's Decision-Making Process

Wednesday, November 30, 2022
11:00 am - 12:30 pm Eastern

The 6 'C's-character, capacity, capital, collateral, conditions and credit score- are widely regarded as the most effective strategy currently available for assisting lenders in determining which financing opportunity offers the most potential benefits. The 6 'C's are designed to assist lenders in determining which financing opportunity offers the most potential benefit to company owners. They provide a framework for conducting an analysis of a firm that takes into account both its strengths and its weaknesses. When this strategy is used, the lender is able to fully determine the best answer to meet the monetary requirements of the borrower.

You will get a comprehensive understanding of the 6 Cs of lending during this webinar. You will also get an understanding of how this technique insulates the lending process to meet the requirements of commercial financing.

What You Will Learn:

This webinar will provide you with valuable resources for analyzing the risk factor of borrower financing requirements. Additionally, you will have a deeper comprehension of the 6Cs Methodology.

  • Methodology decision-making based on the 6Cs: character and capability Capital. Condition. Collateral. Cash Flow.
  • What are the advantages and disadvantages of 6C's methodology?
  • Evaluation procedure for creditworthiness
  • Why are the 6Cs essential for both the lender and the borrower?
  • Which C is the most crucial in the 6 Cs methodology?
  • Why is credit risk crucial for financial institutions?
  • The critical importance of the 6Cs approach to commercial financing.

Who Should Attend? 

Loan Officers, Loan Review Officers, Senior Lenders, Credit Administration Support Staff, Small Business Lender, Members of Bank’s Loan Committee, Credit Risk Managers, Commercial Junior lenders, Branch Managers.

Instructor

Carolyn D. Riggins

Carolyn D. Riggins is the founder and owner of CDR Consulting Services, LLC in Atlanta's Greater District, Georgia. CDR Consulting Services specializes in training, coaching, team development, and detecting critical gaps.

For 35 years, Ms. Riggins worked in retail banking at First Florida Bank, Barnett Bank, Mercantile Bank, and TD Bank. Ms. Riggins increased her client relationships by 71 million dollars at TD Bank by providing valuable training and continued teaching her teams. Ms. Riggins has held a variety of management positions at various banks throughout her career. She held the positions of Assistant Vice President Store Manager, Vice President Hub Manager, and Vice President Retail Regional Manager under her supervision. Ms. Riggins was successful in these numerous leadership positions by creating, coaching, and educating her team to accomplish sales revenue growth, deposit growth, customer growth, loan growth, and compliance. Ms. Riggins has garnered numerous honors for being the region's top-performing manager of the year.

Ms. Riggins has also developed, coached, and trained a number of her team members who have been recognized as high achievers in the region. Additionally, Ms. Riggins uses her Bachelor of Applied Science in Management and Organizational Leadership from St Petersburg College to develop team members' abilities to succeed in their roles. One of Ms. Riggins' aims is to consistently train and coach by utilizing her knowledge and expertise to develop, transform, and affect exceptional leaders and team players on a daily basis. Ms. Riggins has now incorporated her financial expertise, coaching, training experience, abilities, and education into her business, CDR Consulting Services, in order to assist other businesses in achieving success.

Attendance verification for CE credits provided upon request.

Webinar Sponsored by OnCourse Learning (Total Training Solutions)

If you are having issues with registering online, please contact CBAO's Education, Training & Special Event Coordinator, Malia Widder, (614) 610-1877.

Registration Options (Member/Non-Member Pricing)

Live + 1 Month on Demand ($279/$420) – Attend the live event and receive 1 month of unlimited access to the OnDemand Playback and links to presenter materials and supplementary handouts.

Live + 12 Months on Demand ($389/$585)  – Attend the live event and receive 12 months of unlimited access to the OnDemand Playback and links to presenter materials and supplementary handouts. 

Live + 12 Months on Demand + CD-ROM ($419/$630) – Attend the live event and receive 12 months of unlimited access to the OnDemand Playback and links to presenter materials and supplementary handouts. Also receive the webinar recording on a CD-ROM 7-10 business days after the live event or your registration date (whichever is the later).

Additional Live Attendee ($75/$115) – Registering another banker from a different location for live access.

When
11/30/2022
Sign in or create an account to register Last day to register is 5/30/2023