Duration: 54 minutes
The effective use of loan covenants can help mitigate risk and give your loan committee peace of mind.
Both regulatory and industry standards call for the use of loan covenants on commercial loans. In this webinar recording from a live session on December 15, 2021 – learn about this prudent risk management practice including insight on the most critical and effective loan covenants, plus tips on dealing with covenant violations.
– The most common financial covenants used by lenders
– The proper language to use when adding covenants to loan documents
– How to effectively monitor loan covenants
– What to do when a borrower violates the loan covenants
Purchase Terms & Conditions
After the order is approved, you’ll receive an email with links to download the education materials. After you download, you will be able to save the files to your shared network and use the training for your credit union going forward.