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Webinar Calendar

Our League webinars offer training on topics for all aspects of credit union operations. You'll have the choice to participate in the live webinar only, purchase the recorded webinar or both. Included with all League webinars are the training log, quiz and answer key. 

Download a printable list of upcoming 2019 webinars >>

From time-to-time our webinar calendar will also show webinars from system partners. This is done as a courtesy to further your learning options and you should contact the system partner for details on those webinars.

Debt Service Coverage Calculations in Underwriting

Which debt service coverage ratio (DSCR) calculation method should be used: EBITDA, UCA cash flow, or free cash flow? Join us and learn the answer to this questions and much more.

Feb 20, 2019 02:00 PM   -­­  Feb 20, 2019 03:30 PM


For More Information



Type of Event
On Demand Webinar

Who Should Attend
  • On Demand
  • Webinars
  • Lenders
  • Executive



Which debt service coverage ratio (DSCR) calculation method should be used: EBITDA, UCA cash flow, or free cash flow? Should the primary or global DSCR result be used for underwriting? Should there be a provision for maintenance capital expenditures? What about Section 179 depreciation expense? Should a deduction for taxes and living expenses be included? Should the underwriting be based on the DSCR before or after distributions? What should be done with missing debt service schedules? Should loans to stockholders be included? Join this webinar to learn the answers to these questions and more.

Learning Objectives

  • Pertinent regulations
  • SBA’s requirements
  • Calculating debt service coverage, including EBITDA, UCA cash flow, and free cash flow approaches
  • Add-backs
    •  179 depreciation expense o Net operating loss carry-forward
  • Other considerations, including rent payments, living expenses, capital expenditures (CapEx), and providing for tax liability
  • Schedule E Supplemental Income (Loss)
  • Regulatory expectations
    • Stress testing debt service coverage – two different components
    • Repayment support – guarantor support analysis
  • Debt service coverage for CRE loans


S. Wayne Linder, Young & Associates, Inc.