Want to take your basic ag ratios to the next level? Explore working capital ratio and operating expense ratio? Understand the importance of the ag underwriting process? Find out this and more!
Audience
- Those who have completed Barret's Ag Lending 101 Program
- Ag lenders who have a firm knowledge of the ratios and basics of ag lending but need a refresher on more advanced concepts.
Syllabus
- Module 1: Orientation, Ag 101 Review, Working Capital and Operating Expense Ratios
- Module 2: Repayment Analysis
- Module 3: Loan Presentations--Tell the Story Effectively
- Module 4: Cash Flow Projections
Price
- Full Access to Ag Lending 201 On-Demand
- $350
Learning Objectives
- Take basic ag ratios to the next level. Explore working capital ratio and operating expense ratio. Understand the importance of the ag underwriting process.
- Determining the repayment ability of the farm by using various ratios including the Term Debt Lease Coverage Ratio. Learning to understand passive/non-passive income, cooperative distributions, and other non-farm items and their role in determining capacity.
- Learn to tell the story effectively. Loan presentations are a key part of the loan process. Hone your writing skills and understand the critical components of an ag loan presentation.
- Cash Flow Projections are the heart and soul of underwriting an ag loan. Learn how to properly work with projections, calculate projections, handle situations where cash flow is not sufficient, and how to use cash flow as a way to enhance your ag relationships.
About the Instructor
Tim Ohlde, CEO of Country Banker Systems
Tim has 36 years of experience in community banking, including extensive agriculture lending and as a rural bank president. He has served on the ABA Ag Committee, The board of Bankers Bank of Kansas and on the Kansas Banker’s Association Ag Committee. Tim brings a love of education to his perspective as a banker. He has taught for 20 years for the Kansas and Nebraska Schools of Banking, the North Dakota School of Banking and the Graduate School of Banking in Boulder Colorado. Tim is a graduate of Kansas State University with a de-gree in Agricultural Education. Tim is married to Deb, who went from an ownership interest to consultant for Country Banker in 2015. He has instilled his love of agriculture in his three boys, Will (also a part time Country Banker staff member), Eli and Nathan. They spend time hunting, tinkering with an antique John Deere, and gardening.
