{"id":4104,"date":"2020-02-26T15:45:20","date_gmt":"2020-02-26T20:45:20","guid":{"rendered":"http:\/\/199.250.223.35\/~craftbrewery\/?p=4104"},"modified":"2020-09-23T10:16:57","modified_gmt":"2020-09-23T14:16:57","slug":"brewery-short-course-how-to-calculate-loan-ratios","status":"publish","type":"post","link":"https:\/\/craftbreweryfinance.com\/oldversion\/brewery-short-course-how-to-calculate-loan-ratios\/","title":{"rendered":"Brewery Short Course: How to Calculate Loan Ratios"},"content":{"rendered":"<p>Loan covenants are promises you make to the bank. These covenants may include a debt service ratio and some kind of &#8216;leverage ratio&#8217;, such as debt to net worth.<\/p>\n<p>The first step is to understand what the covenants are and how to calculate them. Next, make sure that you can hit the financial targets that are required.<\/p>\n<p>The one thing you must know about loan covenants:\u00a0It&#8217;s best not to break them.<\/p>\n<p>In the Short Course: <em>How to Finance your Craft Brewery<\/em>, we dig into the details of loan covenants and bank ratios. We&#8217;ll walk through where to find the covenants in your loan documents, how to work with your lender to ensure proper ratios are set, and how to calculate the numbers with your monthly financial reporting packet.<\/p>\n<p><em>How to Finance your Craft Brewery<\/em>: Course Contents:<\/p>\n<ul>\n<li>Brewery Financing Basics: Loan Terms, Loan Types, Typical Loan Structures<\/li>\n<li>Working with Lenders: How they evaluate breweries, What they need from you, How to make the most of the relationship<\/li>\n<li>Loan Covenants + Calculations: Debt Service, Leverage\u2026add how to add these to your financial reporting<\/li>\n<li>Loan schedule spreadsheet: How to Map out what you owe, monthly obligations<\/li>\n<li>Private Money, Investors, Outside capital: Friendly debt, What\u2019s it worth\u2026<\/li>\n<li>Start-Up, Growth, Mature Breweries: Effect of Debt on Brewery Financials<\/li>\n<\/ul>\n<p>For a sample of the course content, check out the short video below.<\/p>\n<p><iframe src=\"https:\/\/player.vimeo.com\/video\/391618400\" width=\"640\" height=\"321\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p><b>Craft Brewery Financial Training Members:<\/b><span style=\"font-weight: 400;\"> To this course, Log In to your account and access the Online Courses from the Member Menu.\u00a0<\/span><\/p>\n<p><b>Not a member yet?<\/b><span style=\"font-weight: 400;\"> Sign up and get <\/span><a href=\"https:\/\/craftbreweryfinance.com\/oldversion\/downloads\/craft-brewery-finance-annual-subscription-plan\/\"><span style=\"font-weight: 400;\">instant and unlimited access<\/span><\/a><span style=\"font-weight: 400;\"> to Craft Brewery Financial Training online courses, resources and guides.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Loan covenants are promises you make to the bank. These covenants may include a debt service ratio and some kind of &#8216;leverage ratio&#8217;, such as debt to net worth. The first step is to understand what the covenants are and how to calculate them. Next, make sure that you can hit the financial targets that [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5464,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pgc_meta":"","_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"footnotes":""},"categories":[63],"tags":[],"class_list":["post-4104","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financial"],"_links":{"self":[{"href":"https:\/\/craftbreweryfinance.com\/oldversion\/wp-json\/wp\/v2\/posts\/4104"}],"collection":[{"href":"https:\/\/craftbreweryfinance.com\/oldversion\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/craftbreweryfinance.com\/oldversion\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/craftbreweryfinance.com\/oldversion\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/craftbreweryfinance.com\/oldversion\/wp-json\/wp\/v2\/comments?post=4104"}],"version-history":[{"count":0,"href":"https:\/\/craftbreweryfinance.com\/oldversion\/wp-json\/wp\/v2\/posts\/4104\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/craftbreweryfinance.com\/oldversion\/wp-json\/wp\/v2\/media\/5464"}],"wp:attachment":[{"href":"https:\/\/craftbreweryfinance.com\/oldversion\/wp-json\/wp\/v2\/media?parent=4104"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/craftbreweryfinance.com\/oldversion\/wp-json\/wp\/v2\/categories?post=4104"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/craftbreweryfinance.com\/oldversion\/wp-json\/wp\/v2\/tags?post=4104"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}