概要

This eCourse consists of two modules. Module 1 focuses on short-term finance. It explains the cash conversion cycle and how this, and timing mismatches between cash inflows and outflows, give rise to the need for short-term funding. The module describes, in detail, funded short-term credit products, such as overdrafts and short-term loans. It outlines the key features of these products and how they are aligned with the needs of a corporate business. The risks arising from providing these different products are also described, as well as how these risks are managed by assessing appropriateness, right-sizing, and monitoring usage.

Module 2 describes accounts receivable, how they are generated, and the business needs they give rise to. It also provides detailed coverage of the various accounts receivable finance products and how their different combinations of features meet different business needs. The module concludes by outlining the main product risks associated with accounts receivable financing and how these risks can be managed.

宗旨

On completion of this course, you will be able to:
- Identify the various sources and uses of cash for corporates
- Recognize the key features of overdrafts, including drawings against uncleared effects, and short-term loans
- Identify the risks associated with short-term finance and how these risks are managed
- Recognize the key features of both accounts receivable and the products used to finance these receivables
- Differentiate between the main accounts receivable finance products, namely invoice discounting, factoring, forfaiting, and supply chain finance
- Identify the main risks associated with accounts receivable finance and how these risks can be mitigated

內容

Module 1: Corporate Banking Products - Short-Term Finance
Topic 1: Short-Term Finance & Business Needs
Topic 2: Aligning Products with Business Needs
Topic 3: Product Risks

Module 2: Corporate Banking Products - Accounts Receivable Finance
Topic 1: Basics of Accounts Receivable Finance
Topic 2: Accounts Receivable Finance Products
Topic 3: Product Risks