If you are seeking access to equity or finance from a bank or bank-related institution, your company will need a Basel II rating. How does the Basel II Rating differ from previous credit ratings? What specific information will your bankers require for the rating? What can you do to ensure the most favourable outcome? Unfortunately there is no mathematical or scientific solution to these questions. Approval of your request will largely depend on your ability to provide not simply the relevant information, but a tactically effective line of argument. If you under-represent your project, even if it does not fail the rating test outright, it is likely to get it assigned to a grade below its merit. The penalty is reflected in the conditions of the desired facility, especially, the rate of interest. Marc B. Lambrecht's The Basel II Rating shows you what information to assemble and exactly how to make your case in order to maximise your rating results. His book will help you argue the success potential of your business; accurately define the financial basis on which that success can be realised; and present your credentials convincingly. Follow the framework, use the advice and the techniques he suggests and you will make a convincing case for your business and the value and risk of the project for which you are seeking finance. This book can help you ensure continued access to business finance and equity on the best possible commercial terms.
Table of Contents
Contents: Introduction. Basel II Overview: More Questions Than Answers: Objectives and History; New Rules and the Consequences; In Search of Guidance; Confronting the Raters. Passing The Test: Step One - Defining Your Business Strategy: The Task Outlined; The Elements of Your Strategy; Strategic Fundamentals: Products and Markets; Your Strategic Portfolio; Rating Your Prospects; Strategic Consequences. Passing the Test: Step Two - Drawing the Financial Conclusions: The Task Oulined; Accounts: The Conventional Framework; Income and Liquidity: The Dual Focus of Analysts; Instruments of Financial Navigation; Rating Your Financial Stablility and Performance. Passing the Test: Step Three - Presenting Your Credentials: Conclusive statements of Value and Risk; Financial Competence and Risk Control. Appendix: A Document for All Occasions: Stating Your Case: The Business Plan; Brief, Precise, to the Point: The Exposé; Your Calling Card: The Executive Overview; Index.
Marc B. Lambrecht has been in international practice as management consultant for more than 20 years. An economist by training, he has been chief investment analyst of a banking group, manager of an institute of investment research, assistant professor at a postgraduate school of business administration, and director international division of a major European consulting group, before setting up his own consulting firm specialising in corporate strategy and finance. Clients are typically companies engaged in restructuring projects, buyouts and acquisitions. As his previous book on venture finance, his new book on financing under Basel II conditions responds to the need of practicable solutions encountered in his work.
'If your position involves any responsibility for keeping your company supplied with funds from banks or other providers of finance, this book is for you.' Accounting Technician