Maximizing Financial Reporting to Secure Financing

Wednesday, March 8, 2017, 3:00-4:00 PM ET (12:00 PM - 1:00 PM PT)

Description

Most contractors have successfully filled their backlog in 2016, with many reporting the largest backlog since the beginning of the recession. But with all of that additional work in the pipeline and bank lending still posing a challenge for many firms, how do you efficiently finance the company?

This 60-minute webinar will review what financial data should be provided to lenders to best position the firm for financial assistance. The presenters will explore how industry underwriting trends, current events and market conditions can impact financial reporting. Learn how to use the appropriate financing structure to maximize professional relationships with lenders, using real­‐life examples from the presenters' experience in the construction industry to illustrate best practices in securing financing.

Learning Objectives
After attending this session, participants will be able to:

  • Discuss the factors impacting a company's ability to obtain financing;
  • Prepare financial information for banks and other financial institutions in order to secure financing;
  • Identify how banks and other underwriters analyze a contractor's financial statements and gain insight on current
    underwriting trends;
  • Structure your financing package to support the growth of your company.

Presenters: Bryan C. Porter, CPA, MS, Director, Construction Services Group; and Todd A. Feuerman, CPA, CCA, MBA, Director, Construction Services Group, Ellin & Tucker

Level & Prerequisites
This is a group-internet based program at the Overview Level. Participants should have at least 5 years of construction-related experience; a basic understanding of construction accounting, financial reporting, tax compliance and operating leadership for a construction company; be involved in the financial operations and/or business operations of a construction company or a professional that services the industry.

CPE information
This webinar grants 1.0 CPE credits in the field of Management Services to eligible participants.

Who should attend?
Owners, CEOs, CFOs, Controllers and other Construction Financial Managers including CPAs in public practice that specialize in the construction industry.

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