Facilitator Guide
Principal Repayments
Facilitator Guide
Principal Repayments
- Topic
- Commercial Lending
- Duration
- Format
- Remote or in person
What’s Covered
- Amortization
- Voluntary prepayments
- Mandatory prepayments
- Reinvestment rights
- Prepayment process
- Prepayment penalties
Before the Session
Prepare the Attendees
Send the attendees an invitation for the session. Include this link, which has the videos and exercise they’ll need to prepare.
https://www.hotshotlegal.com/trainings/principal-repayments/attendee
Prepare Yourself
Watch the videos and read the exercise so you’re familiar with the Hotshot material.
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Course
An overview of loan repayments, including a discussion of amortization, balloon payments, voluntary vs. mandatory prepayments, and prepayment penalties.
During the Session
- What are some of the different ways that a loan can amortize? Do all loans have an amortization schedule?
- When might a borrower be required to make a prepayment?
- Why do borrowers typically like to have reinvestment rights? How do lenders view reinvestment rights?
- What’s the difference between a prepayment credited against amortization payments in direct order of maturity and a prepayment credited against amortization payments in inverse order of maturity?
- What’s a Make-Whole Premium and when might a lender insist on one?
- Anecdotes and war stories (e.g., about a near-disaster or a tough negotiation)
- General practice tips (dos and don’ts)
- Firm-specific guidance and practices
After the Session
About Hotshot
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