Training
Loan Monitoring and Debt Recovery Training
Loan monitoring is the process of tracking and evaluating the performance of a loan after it has been disbursed. This typically involves monitoring the borrower's compliance with the terms of the loan, such as making timely payments,
and assessing the borrower's financial performance and ability to repay the loan.
LDebt recovery is the process of collecting payments from borrowers who have fallen behind on their loan repayments. This process typically involves identifying delinquent loans, contacting borrowers to determine the reasons for
their delinquency, and taking steps to collect the outstanding loan balance.
“Effective loan monitoring is not just about watching over the borrowers, it's about spotting early warning signs, taking proactive steps and minimizing the losses.” - Anonymous
What we offer in this Training
Training on Loan Monitoring and Debt Recovery would provide attendees with the knowledge and skills necessary to effectively monitor loans and recover delinquent debt. Some of the topics covered include:
- Loan monitoring techniques and methodologies: Techniques for tracking the performance of a loan, including analyzing financial statements, monitoring compliance with loan covenants, and identifying potential problems early
on.
- Debt collection strategies: Techniques for collecting delinquent debt, including phone calls, letters, and legal action.
- Strategies for handling problem loans: Techniques for identifying and addressing problem loans, including workout plans and loan restructuring.
- Legal and regulatory compliance: Understanding the legal and regulatory requirements for loan monitoring and debt recovery, including compliance with laws and industry standards.
- Communication and negotiation skills: Essential for dealing with borrowers and banks, such as effective communication, negotiation, and presentation skills.
- Case studies and best practices: Analyzing real-world cases and learning from best practices in loan monitoring and debt recovery.
- Credit scoring and scoring models: Understanding credit scoring models and techniques used for loan origination, loan monitoring, and debt recovery.
