Credit Risk Institute

Three Day Course
Monday - Wednesday | March 10-12, 2025
9:00 AM - 5:00 PM

PLEASE NOTE: When purchasing training courses, each individual MUST log into the system with their unique login and purchase their own session in order to receive a certificate of course completion in the attendee’s name. You cannot register multiple people for training courses under one login. If you need assistance registering for online training courses, please email Mandy Robertson at mrobertson@nadco.org before completing your purchase.



TUITION FEES

Through 1/22

After 1/22
NADCO Member Rate $949 per person $1,099 per person
Non-Member Rates $1,349 per person $1,499 per person
SBA | Federal Government Rate $899 per person $1,049 per person


RECOMMENDED FOR

Credit Underwriters
Loan Processors


COURSE SUMMARY

The thorough NADCO Credit Risk Institute will give new and experienced CDC credit analysts the tools needed to effectively analyze small business financial statements and underwrite SBA 504 loans. The Institute begins with an introduction to financial statements, needed for new analysts, and will progressively take students through the principles and concepts contained in the NADCO-created Credit Risk Institute Credit Analysis Model. Upon successful completion of the Institute Course work, CDC analysts will receive the NADCO Credit Risk Institute Certification.

The Institute will be structured as follows:
Pre-course study videos are included in your purchase of this Course (see list of included items below):
  • Online Class: Introduction to Financial Statements
  • Online Class: Accounting Principles for Credit Analysts
  • Online Class: Cash Flow Analysis using Tax Returns
The Credit Risk Institute Credit Analysis Model (illustrated using Cases):
  • Prescreening Loan Applications
  • Management Assessment
  • Income Statement Analysis (Ratio, Trend, and Industry Analysis)
  • Balance Sheet Analysis (Ratio, Trend, and Industry Analysis)
  • The Operating Cycle
  • Cash Flow Analysis (“Traditional” and “Indirect” Cash Flow)
  • Personal Cash Flow Analysis
  • Global Cash Flow Analysis (Business and Personal)
  • Start Up and High Growth Analysis (Cash Budgeting and Projection Analysis)
  • Make Your Decision (How to Write a Good Credit Memorandum)

PREREQUISITES

"Introduction to SBA 504” (online via NADCO University) OR six-months’ experience in a substantive capacity (e.g., loan officer) for a CDC.


OTHER RECOMMENDED COURSES FOR PARTICIPANTS

504 Loan Packaging
CSA Servicing and Modernization Updates Luncheon
NADCO Recorded Webinar: Writing the CDC Credit Memo (On-Demand Webinar)


INSTRUCTOR INFORMATION

Jason Monnett
Jason Monnett is a Senior Vice President and the Senior Lender for WBD--Your Business Finance Resource. Jason has worked with SBA loan solutions for nearly 25 years and joined WBD in 2001. In his current role, he oversees WBD’s team of seasoned 504 lending professionals that serve all of Wisconsin and Eastern Minnesota.

Jason is a Graduate of UW-Madison and the Graduate School of Banking at UW-Madison. He is a regular presenter at the Annual Wisconsin Lenders Conference and an Instructor for the NADCO Credit Risk Institute.


Evan Shaw
Evan Shaw joined the National Association of Development Companies (NADCO) in August 2024 as Senior Vice President of External Affairs. Mr. Shaw has spent his entire professional career—and over half his life—working in the SBA 504 industry. He most recently served as a Managing Consultant at Guidehouse supporting the SBA’s 504 Central Servicing Agent and 7(a) Fiscal Transfer Agent contracts. He provided industry subject matter expertise to technology modernization projects, as well as Capital Access Financial System (CAFS) training and support to lenders and CDCs. Prior to joining Guidehouse Mr. Shaw worked at Business Finance Group Inc., a CDC that serves Virginia, Maryland, the District of Columbia, and West Virginia. He was initially exposed to loan files at the CDC in 2002 through an internship while attending George Mason University and was subsequently hired as a Credit Analyst after graduating with a B.S. in Marketing. He eventually took over management of the underwriting and processing teams for five years serving as the CDC’s Chief Credit Officer before joining Guidehouse in early 2022. Over the years, Mr. Shaw has presented at numerous industry conference panels and breakout sessions; he is also a regular instructor of NADCO’s In Person SOP and Packaging classes.