Understanding Borrower Roles: Borrower, Co-Borrower, Co-Obligant, and Guarantor Simplified

access_time 2024-11-26T14:28:07.326Z face CA N Raja
Understanding Borrower Roles: Borrower, Co-Borrower, Co-Obligant, and Guarantor Simplified Vinu: Hey Manu, I’ve been trying to understand some terms related to borrowing money. Can you explain the difference between a borrower, co-borrower, co-obligant, and guarantor? Manu: Sure, Vinu! Let’s break i...

Decoding Key Financial Ratios: TNW, NWC, TOL/TNW, and FACR Explained

access_time 2024-11-07T10:07:32.848Z face CA N Raja
Decoding Key Financial Ratios: TNW, NWC, TOL/TNW, and FACR Explained Vinu: Hey Manu, I keep coming across these financial terms like TNW, NWC, TOL/TNW, and FACR. Can you explain what they mean and how they’re calculated? Manu: Sure, Vinu! Let's break them down one by one, starting with TNW, which st...

Managing EPC and CC Limits: A Guide to Separate Accounts and Utilization Tracking

access_time 2024-11-07T10:00:42.452Z face CA N Raja
Managing EPC and CC Limits: A Guide to Separate Accounts and Utilization Tracking Vinu: Manu, I have a case where the applicant has EPC (Export Packing Credit) as the main limit and CC (Cash Credit) as a sublimit. I’m wondering, will he have separate accounts for EPC and CC, or will it all be under ...

Evaluating Loan Requests for Business Transitions: From Proprietorship to Partnership

access_time 2024-11-07T09:26:09.416Z face CA N Raja
Evaluating Loan Requests for Business Transitions: From Proprietorship to Partnership Vinu: Manu, there’s a business that was originally a proprietorship, but it has recently transformed into a partnership. The new firm is seeking a loan, and the new partner is offering his own asset as collateral. ...

Key Conditions for Funding a Future Commercial Property Purchase: A Conversation Between Manu and Vinu

access_time 2024-10-20T15:29:37.662Z face CA N Raja
Key Conditions for Funding a Future Commercial Property Purchase: A Conversation Between Manu and Vinu Vinu: Hey Manu, I’ve got a client who’s planning to purchase a commercial property in the future. They haven’t finalized anything yet but have budgeted the amount. They’ll be funding 75% of it thro...