Lending topics
The concepts that decide files: what each one is, what a lender actually asks of it, and where the analysis goes wrong.
- Debt service coverage
- One ratio carries the whole repayment question — which is why the definition matters more than the number.
- Working capital cycle
- Inventory becomes receivables becomes cash, slower than the bills come due. The operating line lives in the gap.
- Security and guarantees
- Security never repaid a loan. It prices the downside — and in Canada the downside has a statutory creditor ahead of you.
How this differs from the resources
The resources are dated writing — the kind you read once, cite, and move on. These pages are references: each explains one concept the way a working file raises it, then maps to the curriculum that teaches it. When a topic page and a resource post cover the same ground, the post argues a position; this page states the mechanics.