Equipment Finance

This Equipment finance course will explore the concepts behind non-real estate capital expenditures to grow fixed assets on the balance sheet. We will identify the sources of equipment financing to understand the different types of lenders before moving onto the differences and similarities between term loans, capital leases, and operating leases. This course will explain how security filings & public registries work with respect to debt and collateral and how these differ for term loans and leases. We'll look at 8 critical criteria for analyzing and underwriting a transaction and how the different lending structures affect these criteria. After, we will walk through an example client with an operating lease and adjust financial statements to calculate adjusted lending ratios. Lastly, the course will cover additional sale-and-leaseback concepts, financing new and used equipment, and handling non-standard advances.