What You Will Learn!
- Understand the different types of debt financing available to businesses, including bank loans, bonds, and lines of credit, and be able to compare and contrast
- Learn how to assess the creditworthiness of a potential borrower, including evaluating their financial statements, credit history, and overall business strategy
- Gain an understanding of the key terms and conditions of debt financing agreements, including interest rates, repayment schedules, and covenants, and learn how
- Understand the risks associated with debt financing, including default and bankruptcy, and learn how to mitigate these risks through effective risk management s
Description
This class is built for you to understand different types of debt financing. 80% of Americans have debt and that's another reason why this class was created.
We will dive into the following types of debt:
Credit Card Debt
Auto Debt
Mortgage Debt
Like all of my classes this is interactive so you'll be working on the attached spreadsheet to learn how:
Daily compounding interest works on credit cards
Loan amortization schedules work for both auto and home loans
Be able to decide if a cash back or 0% interest financing offer is better for cars
At the end of this class you will:
Understand banks' incentives for you to get a loan (they make a lot of money off of you)
Understand how the different types of debt financing work - credit cards vs. auto loans vs. home loans
The Pros and Cons of each type of debt
Myths of Personal Finance
Do you really own your home?
Do you have to keep a balance on a credit card to build your credit?
I hope you enjoy my class as this is my dream job! Helping average people like you and me control their finances, earn their financial freedom and live a stress free life!
Who Should Attend!
- Business owners and entrepreneurs who are looking for ways to fund their companies and want to understand the advantages and disadvantages of debt financing options.
- Financial analysts and consultants who work with businesses to evaluate their financing needs and recommend appropriate debt financing strategies.
- Bankers and lenders who want to deepen their understanding of different types of debt financing and learn how to evaluate creditworthiness and negotiate favorable terms.
- Students pursuing degrees in finance, accounting, or business who want to gain a foundational understanding of debt financing and its role in corporate finance.
TAKE THIS COURSE