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Learn/The credit case study and memo

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Learn The credit case study and memo

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B Basic

What the credit case is and how it is graded8m
Building the lender's modelPro11m
Base, downside, and severe casesPro11m

A Advanced

Structuring the loanPro12m
Writing the memoPro10m
Presenting and defending the casePro10m

FlashcardsPro0/14
Basic quizPro80% passes
Advanced quizPro80% passes
Terms

The credit case study and memo

0
of 6 lessons: 0
of 14 cards

Flashcards Start the first lesson

One borrower from start to finish: build the lender's model, run the cases, size and structure the loan, write the memo, and defend it in front of a VP.

BBasic3 lessons

1What the credit case is and how it is gradedA credit case asks one question: would you make this loan, and on what terms? Reviewers grade the answer and the judgment behind it more than the spreadsheet.8 min
2Building the lender's modelProA lender's model is shorter than a sponsor's and pointed at a different question: does the debt get paid down, and how fast? The heart of it is the debt schedule.11 min
3Base, downside, and severe casesProThe base case asks whether the loan is fine if things go roughly to plan. The downside asks whether it is fine in a bad year. The severe case asks whether you get your money back when things go badly wrong.11 min
Basic quizPro10 questions, 80% passes

AAdvanced3 lessons

4Structuring the loanProThe cases tell you how much risk there is. Structure decides how much of it you take: the amount, the price, the protections, and what you ask the sponsor for in return.12 min
5Writing the memoProThe memo is the case's real deliverable. One page should be enough for a partner to vote; everything after it is support.10 min
6Presenting and defending the caseProThe presentation is where the grade is decided. A VP will push on the weakest assumption, and the best answer can be changing your mind with the numbers to show why.10 min
Advanced quizPro10 questions, 80% passes