Restructuring Bank Loans January 11, 2009

Bank has always been the largest creditor of any companies. It often easy to deal with trade creditors, but difficult to appease banker. If only debtor knows how a bank works, then, he will be able to work out proposals to pare down secured or unsecured debts of his company.

Rather than going blindly to secure the cooperation of banker, the finance officer, after attending this course, shall be competent to implement or negotiate strategies to settle or revise its existing terms, and apply for further financing to stay afloat. Sometimes we wonder why bank acts so tough, and at other times it cooperates so readily.

If bank does not wish to relent, then this module will show the same officer the aids available from Small Debt Resolution Committee so as to quickly pump in new moneys into the heart of his business, or at least receive some indulgences, though not forthcoming from bank, that will save his business from the brink of bankruptcy.
Objectives

* Understand how banks follow the guidelines imposed by the Central Bank of Malaysia
* Work around the banks to accept a reasonable payout scheme
* Appreciate the worst that the banks can throw on you
* Avoid the legal proceedings by showing your sincerity to repay
* Learn some ways to restructure your banking loans
* Negotiate for a reasonable amounts of haircut before you repay
* Avail to the laws for your protection and use the special funds set by the government
to restructure your payment

Who Should Attend

Finance Managers, Accountants, Financial Controllers, General Mangers, CFO, COO, CEO, and Directors

Official Website: http://www.gin-my.com/ws_20090112_bankloan.php