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Insights

Short, practical articles on commercial lending and OTC derivatives — drawn from programme content and practitioner experience. Free to read. No registration required.

Latest Articles
Notes from the Desk
Commercial Lending

What a Borrowing Base Certificate Actually Controls

Eligibility rules, dilution reserves, and why the BBC — not the committed facility limit — determines how much a borrower can draw at any point.

6 MIN READ · CCLP™
OTC Derivatives

Cleared vs Bilateral: Where the Margin Goes

Walk an IRS through a CCP and a bilateral CSA side by side and see exactly how the initial and variation margin mechanics diverge in practice.

7 MIN READ · CODP™
Commercial Lending

How DSCR Is Calculated and What It Tells a CRE Lender

Net operating income, normalisation adjustments, and why two properties with the same NOI can have very different underwriting outcomes.

5 MIN READ · CCLP™
Commercial Lending

What Happens When a Covenant Is Breached

The mechanics of a breach — remediation periods, lender options, waiver negotiations, and how the core banking system flags the event.

6 MIN READ · CCLP™
OTC Derivatives

The Trade Lifecycle After You Hit Book

What actually happens between trade capture and settlement — confirmation, clearing, margin, collateral, and the systems involved at each stage.

8 MIN READ · CODP™
Commercial Lending

What the Agent Bank Does in a Syndicated Loan

The agent's role in payment waterfall execution, lender communication, covenant monitoring, and amendment processing — explained from the CBS screens.

5 MIN READ · CCLP™
Quiz

Can You Spread a CRE T-12 in 10 Questions?

A quick, shareable assessment on NOI normalisation, DSCR, and debt yield. Post your score to LinkedIn.

QUIZ · 10 QUESTIONS · SHAREABLE
OTC Derivatives

SOFR vs LIBOR: What Changed and Why It Matters

The RFR transition explained through the trade ticket — what changed in the IRS booking screens and what stayed the same.

6 MIN READ · CODP™
Commercial Lending

Invoice Factoring vs a Revolving Line of Credit

Two products that serve similar purposes but work very differently — BBC mechanics, eligibility rules, and when a bank chooses one over the other.

5 MIN READ · CCLP™

New articles published regularly. Topics drawn directly from programme content and participant questions.

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The Insights section covers the concepts. The programmes build the system-level practice.

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