A Guide to SME Financing.

Format:

Book

Author/Creator:

Munro, David (Financial consultant)

Contributor:

Palgrave Connect (Online service)

Series:

Palgrave pivot

Language:

English

Subjects (All):

Commercial loans--United States.

Commercial loans.

United States.

Small business--United States--Finance.

Small business.

Finance.

Genre:

Electronic books.

Physical Description:

1 online resource (133 pages)

Place of Publication:

New York : Palgrave Macmillan, 2013.

System Details:

text file

Summary:

A Guide to SME Finance is a brief guide to designing and implementing a SME finance program within a commercial bank or other financial institution, such as an NGO.

Contents:

Cover; Half-Title; Title; Copyright; Dedication; Epigraph; Contents; List of Illustrations; Acknowledgments; Introduction: The Actuality and the Potential of SMEs in Developing Economies; 1 What Is an SME?; SMEs are not micro-enterprises; Characteristics of SMEs; SMEs are not large enterprises; Corporate governance options; Sole proprietorships; Partnerships; Corporations; Limited liability partnerships; Limited liability companies; 2 Why Are SMEs Appropriate for Bank Financing; Micro-enterprise lending methodologies; sme lending methodologies.

3 How May Banks Address the Constraints and Perceived Drawbacks to Financing SMEs?Lack of financial records; Lack of collateral; High transaction costs; Management; Staff training; 4 An Outline of the Credit Application, Analysis, and Approval Process: The Centrality of Credit Analysis; Credit analysis; Elements of a credit analysis; 5 Streamlining and Templatizing the Credit Analysis Process; The Credit Score Card; The Application/Analysis/Approval form; Revolving credits; Fixed asset loans; Revolving credit loans and the revolving credit template.

Explanation of calculations on the revolving credit application/analysis/approval formFixed asset loans and the fixed asset loan template; Recommendation and approval section; 6 Staff Training; Credit course outline; 7 Documentation: Loan Agreements and Documentary Requirements; Loan agreement covenants; Conditions precedent; Representations and warranties; Events of default; The Promissory Note; Liens; Documentary requirements; Reviewing documentation prior to disbursement; Domicile of documentation; Signing the loan agreement and other documentation; 8 Marketing and Creating a Portfolio.

9 Monitoring SME Loan Income/Performance Monitoring of Credit/Marketing Officers10 Reports, Repayment Monitoring, and Collections; Reports and repayment monitoring; Collections; 11 Setting Up an SME Unit-Is It a Good Idea?; 12 Value Propositions/Types of Products; What SMEs expect from their bank; 13 The Role of Loan Guarantees; The case for loan guarantees; The case against loan guarantees; 14 Conclusion; Appendix I: Credit Score Card Model; Appendix II: SME Model Loan Application; Appendix III: SME Lending Performance Planning Form for Loan Officers.

Appendix IV: Initial Site Visit Report ChecklistAppendix V: Credit Outstanding and Past Dues Report; Appendix VI: Account Profitability Summary Report; Glossary of Terms; Index.

Notes:

Description based on print version record.

Other Format:

Print version: Munro, David. A Guide to SME Financing.

ISBN:

9781137373786

1137373784

OCLC:

854977022

Access Restriction:

Restricted for use by site license.