The credit analysis process requires that a lender review a wide variety of financial information.  This information includes profit and loss statements, which occasionally are the only financial information
that borrowers provide to lenders. 

This program will examine ten important things that every analyst and loan officer should look for when evaluating the information contained in profit and loss statements.  The objective of this program is to provide lenders with a simple checklist that they can utilize whenever they receive a business' profit and loss statement information. 

At the end of this program, participants will be more comfortable with knowing what to pay attention to when they analyze the profit and loss statement of a business.

Covered Topics:

• The Profit and Loss Statement:  What are its limitations?
• Sales:  Is the business a growing concern?
• Margins:  How do you calculate margins and what do they tell us about a business?
• Cash Flow:  How do you calculate cash flow and what should you include in that calculation?
• Onetime expenses or sources of income:  How should you treat them?
• Profits:  What do they really tell us about a business?

Who Should Attend

• Credit Analysts
• Loan Officers
• Branch Managers
• Loan Committee Members
• Other personnel with lending responsibilities

The Presenter

Vincent DiCara is the owner of DiCara Training and Consulting, LLC and also co-founder of Development Finance Training and Consulting, Inc. (DFTC). He has been involved in evaluating and meeting the credit needs of small and medium-sized businesses for more than twenty-seven years as a business advocate, lender, credit analyst and trainer in the public, private non-profit, and private sectors. Immediately prior to establishing DFTC in 2002, Mr. DiCara was the Principal of Development Consulting Services, a consulting business which provided business plan development and financial packaging services.

For the last fifteen years, Mr. DiCara has conducted a wide variety of training programs for individuals who work in the credit union, banking, economic development, and community development fields. Mr. DiCara's training programs have become known for their ability to foster an informal and participatory environment in which students are empowered to learn.Mr. DiCara is a graduate of Bowdoin College in Brunswick, Maine and received a Masters Degree in Public Administration from the University of Maine. He has also earned the designation of Economic Development Finance Professional (EDFP) from the National Development Council. A native of Boston, Massachusetts, he has been a resident of the State of Maine for more than forty years.