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Small Business and Cash Flow Analysis in the Loan Underwriting Decision

By Charles W. Mulford

Earnings before interest, taxes, depreciation and amortization, or EBITDA, is a metric that is often used in loan underwriting decisions for small business. This is understandable as EBITDA provides a measure of cash flow that is easily calculated for borrowers that are less likely to provide more sophisticated cash flow information. 

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What Do Clients Value in Their Investment Advisors?

According to a recent survey by the Investments & Wealth Institute, 91 percent of investment clients are somewhat or very satisfied, and 89 percent of clients are somewhat or extremely likely to continue to work with their current advisor. The vast majority of advisors are providing a high level of satisfaction with their high net worth clients. However, while those findings as positive, the research suggests that having satisfied and loyal clients isn’t enough to set the advisor apart from most other advisors available to clients. The study highlights several key capabilities that distinguish exceptional advisors from their peers.

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Bank Small Business Loan Approvals Rose in April

Approval rates for small business loan applications reached a record high of 27.5 percent at big banks ($10 billion+ in assets) in April, up one-tenth of a percent from march, while approval percentage at small banks jumped four-tenths of a percent to 49.8 percent according to the Biz2Credit (New York, N.Y.) Small Business Lending Index.

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Creating a Credit Score Without the Credit Card

Austin, Texas // www.creditstrong.com

In an effort to help consumers build credit and savings simultaneously, Austin Capital Bank has launched Credit Strong, a nationwide credit-building account that combines both an installment loan and an FDIC-insured savings account.

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The Kids Are Not All Right

More than a third of teens still expect to be financially dependent on their parents by age 30.

In a national survey of 1,000 U.S. teenagers aged 13-18, owning a car by age 30 seemed quite achievable — 74 percent agreed they would have purchased an automobile before exiting their 20s. Many other trappings of adulthood appear further out of reach, however. The survey, conducted by Colorado Springs, Colo.-based Junior Achievement USA and Citizens Bank of Providence, R.I., found that only 60 percent of teens believe they will own a home by age 30, and less than half feel they will have paid off their student loans (43 percent) and started saving for retirement (44 percent).

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