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Thinking of getting more money from banks? More changes in 2022 — webinar
Thursday 14 October 2021 @ 12:30pm-1:30pm
|Date:||Thursday 14 October 2021|
|Event category:||Past event|
|Website:||View Event Website|
Join us for a webinar on Oct 14, 2021 at 12:30 PM AEST.
Thinking of getting more money from banks?
There have been significant changes to the lending landscape since 2018 and there’s more to come in 2022.
So what’s changed?
These recent changes mean that:
The underlying message is that a borrower must be 100% clear on what the proposition is that they’re putting forward. Then, put forward the best proposal in the form of a business plan and financials. Any proposal must demonstrate an understanding of risk (in all its forms, plus from the borrower and bank’s perspectives), and also demonstrate business best practice (both in your plans and how you run your business).
Industry regulators have already made it clear that banks must manage their climate risk. It’s inevitable that a borrower will have to demonstrate how they manage/intend to manage climate risk. This will also have to be built into the lending proposition being put to the bank. Managing environmental sustainability (natural capital) is already appearing as part of risk assessment.
Join Gordon Stone, developer of the agri-sector’s joint MLA-ABDI Lender Ready Program when he discusses these changes and what it means for you, your business plans and how to get money from banks (and other lenders).
After registering, you will receive a confirmation email containing information about joining the webinar.