Додатки до практичних занять Семестр 1 практичне Заняття №4

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1. What is your purpose in applying for a loan?

2. I plan to open a small Ukrainian food store.

1. Do you think it will be a profitable business?

2. I’m sure it will be. A lot of Ukrainians live in the neighborhood. I am of Ukrainian origin myself. I talked to some people. Lots of them will be regular customers.

1. How much money do you need, and how soon will you be able to pay it back?

2. $25,000 and I hope to pay it back in one year.

1. Are you sure it will be enough?

2. Yes, here’s my estimate. It will be quite enough, and I will be able to pay the money back in one year.

1. But I hope you do not forget that you’ll have to pay it back with interest.

2. Yes, I know.

1. And what will be your security?

2. You mean, how I will guarantee paying the borrowed money back?

1. Yes.

2. My property will be my security: I own a house.

A. Well, thank you. We’ll study your documents and invite you back again in about a week.

Семестр 2 практичне Заняття №7

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Financial capital is the “liquid assets” of a company, such as cash, bonds, shares, etc. There may be other types of capital, including especially the company’s physical assets (land, buildings, machinery, and equipment).

Financial capital is usually subdivided into stock capital (that received from the company’s stocks) and debenture capital. Debenture capital is the money the company has gained from loans – i.e., borrowed by the company.

Stock capital can be classified according to the type of shares – preference shares, ordinary shares, or deferred shares.

Preference stocks have a fixed rate of dividends, meaning that people who hold these always receive an amount of money equal to their dividends. The advantage is that they receive this money before dividends are paid to the holders of ordinary or deferred shares, and even in bad years. The disadvantages are that holders of preference shares do not have the right to vote at shareholders meetings and cannot influence decisions.

Holders of ordinary shares have voting rights and the right to elect the company’s senior management. They also have the right to increased dividends when the company enjoys greater profits. The disadvantage is that their dividends go down when profits are smaller, and in bad years they may receive no dividends at all.

Deferred shares are shares with deferred (later) payment of dividends. For instance, they may be paid after a company has reached a certain level of development, or at the time of determining its annual profits.

But unlike shareholders, debenture holders are not members of the company. They do not share the member’s risks; they receive a regular income from their investment and take precedence over the shareholders if the company is liquidated - that means, debenture holders are paid before shareholders. This makes debentures a relatively safe form of investment.

Практичне Заняття №13

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Preparing For a Loan Interview

Preparing for loan interviews can be a nerve-wracking experience. However, if you know what to expect and are properly prepared, the process becomes a lot less daunting. Here are some helpful tips and guidelines to prepare you for a loan interview.

Before you even get to that interview, the most important thing for you to know is that one of the most helpful ways to get a loan is to have an existing, positive relationship with the bank who is issuing the loan. The more positive business history you have with that bank, the more likely the bank will lend you the money.

Once you have that relationship in place, it helps to have some ideas of what questions to expect at the actual loan interview. Here are some questions to help you prepare and of what to expect.

Loan Interview Questions

• What do you need the money for?

• What are your name, address, and telephone number? (Protip: if you rem, you'll also be asked to provide the same information, but for your landlord)

• Have you lived at your place of residence for more than two years? (If not, be prepared to give your previous address)

• Where are you employed?

• Do you have any other income sources?

Of course, for some questions, these banks can't just go on your word alone; they require proper documentation. Here's what you absolutely need, along with a few helpful suggestions:

• Proof of employment that includes your employer's name, address, and telephone number: usually a recent pay stub satisfies this, a letter from your employer that verifies your employment also satisfies this requirement.

• Documentation of any other income sources, such as rental income, dividends or proofs of collateral.

• Helpful: Proof of address.

• Helpful: If the loan is for a business, projected cash flow statements are a good idea.

A loan interview can be difficult, but being prepared helps. Having a history with the bank, having an idea of the questions, and knowing the proper documentation

to bring will help ease your worries. So now that you know what to expect, take deep breath and get prepared!