Dates of Event & Pricing

$295 for Webinar and Playback*

*Playback has no expiration and may be shared internally.

  • Wednesday, February 15, 2023

  • 2:00 – 3:30 pm (Eastern Time)

  • 1:00 – 2:30 pm (Central Time)

  • 12:00 – 1:30 pm (Mountain Time)

  • 11:00 – 12:30 pm (Pacific Time)


Critical to monitoring and managing a lending relationship is establishing expectations with the borrower.  The process begins with a term sheet which outlines the basis for discussing a possible lending relationship.  The agreement between the borrower and the bank is formalized with a commitment letter. 

As the bank analyzes the lending opportunity, the credit analyst identifies strengths in the credit, weaknesses in the credit and potential mitigates with the objective of minimizing any uncertainties in the proposed lending relationship.  

The next step in the process is formalizing expectations with the borrower using covenants in a loan agreement. Affirmative covenants are intended to preserve the identified strengths.  Negative covenants are designed to protect the bank from identified weaknesses.  Fundamental to any loan agreement is a requirement the borrower provide periodic financial information.

The final step in the process is putting in place a framework for monitoring compliance with covenants and providing a clear understanding of events of default and remedies available to the lender in the event of default.

At the end of this webinar, participants should be able to:

  • Define the objectives of a loan agreement
  • Explain the continuum of a term sheet, commitment letter and loan agreement
  • Identify key issues in loan structure which provide the foundation for a loan agreement
  • Define the purpose and components of a loan agreement
  • Define the role of covenants and identify financial and non-financial covenants
  • Identify key covenants in loan agreements and define the objectives of the key covenants
  • Understand the importance of monitoring compliance with the covenants in a loan agreement and the remedies available to the lender in the event the borrower defaults
  • Explain the benefits of a loan agreement for the lender and the borrower

Who Should Attend:  Lenders, Credit Analysts, Loan Documentation Professionals, Portfolio Managers, Problem Loan Specialists


New Horizons Financial Group / President John Barrickman

For 27 years, John Barrickman has served as President of New Horizons Financial Group, a financial services industry consulting firm nationally recognized as an expert in the areas of comprehensive credit risk management, credit process, loan policy formation, asset quality rating frameworks, risk based pricing and lender development. John is a frequent speaker and subject matter expert on credit policies and procedures at industry events nationwide. John is also a Consulting Associate for Capital Performance Group.


1.5 CPE Credits & 1.8 AAP Credits