Debt Repayment Capacity: Cash Flow Forecasting for Borrowers & Lenders

In these money-tight times, both those who lend and those who borrow need to be scrupulously careful in how they analyze a potential loan. This book shows how the accounting framework is often fallible - and instead explains how to make more accurate decisions about both borrowing and lending funds by focusing on cash flow. Borrowers learn how to present more effective financial statements by understanding what lenders really look for; understand better their own debt capacity; maximize their borrowing potential; and develop skills to speed and improve the results of loan requests. Lenders learn how to analyze financial statements more effectively; identify problem loans in advance; and build a financial database for comparative analysis.