Credit Administration Functions

Course details

This course will provide participants with the basic knowledge and skills required to work in credit administration. The course will cover the role and function of credit administration and the various types of credit instruments and collateral.

Course Description:

This course will provide participants with the basic knowledge and skills required to work in credit administration. The course will cover the role and function of credit administration and the various types of credit instruments and collateral.

Course Objectives:

• Identify the role and function of credit administration.
• Describe the various types of credit facilities.
• Explain fully secured credit facilities.
• Identify types of collateral.

Course Outline:

Module 1: The Role and Function of Credit Administration

• The concept of credit administration
• The role and function of credit administration

Module 2: Types of Credit Facilities

• Advances
• Term loans
• Discounted receivables
• Purchase of checks
• Letter of credit
• Letter of guarantee
• Practical exercises

Module 3: Fully Secured Credit Facilities

• Pledged deposits
• The collateral margin
• Blocking
• Documentation
• Practical exercises

Module 4: Types of Collateral

• Assignment of contract
• Accounts receivable
• Export letters of credit
• Products/goods
• Stock shares
• Practical exercises

Assessment Strategy:

Participants will be informally assessed on their interaction during sessions and their participation in exercises