Commercial Debt
AdvisoryTalk with Jaken Finance Group
Menu
LibraryToolsCase studiesTemplatesSearchAbout

The debt decision library

Sources and conventions

Verify the controlling source, effective date, definition, and measurement convention behind a financing claim.

Reference work makes the meaning of a financing statement precise. Identify the benchmark or defined term, locate the governing source and establish which version applies before using a number in underwriting. This path joins rate conventions with program-source verification because both fail in similar ways: an accurate quotation can produce a wrong answer when its period, scope or trigger is changed. Keep a record another reader can reproduce without relying on your memory.

What makes a citation useful for a financing decision?

It identifies the issuer, exact section, relevant product, effective trigger and retrieval date. Explain which claim the source supports and which transaction facts remain unverified. A homepage link or search excerpt alone may be insufficient for the proposed conclusion.

What distinguishes a benchmark from a loan quote?

The benchmark is one input. The contract determines the version, observation, spread, floor and accrual mechanics that produce interest. Fees and other obligations affect financing cost separately. Do not label an administrator’s reference-rate observation as an available borrower coupon.

A path through this collection

  1. Establish the measurement convention

    Name the precise benchmark or metric, period and units. Reproduce a payment using explicit assumptions, then identify which contract details would change that result.

  2. Verify authority and timing

    Follow the issuer’s source hierarchy, read the governing provision and check bulletins for effective triggers. Preserve retrieval limitations and avoid applying one product’s rules to another.

  3. Carry the source into the decision

    Link the verified definition to the model or evidence ledger. When a source changes, identify dependent assumptions and rerun the affected work instead of updating only the citation date.

What you should have when you finish
  • A source card identifying authority, section, scope and effective trigger.
  • A measurement definition with the period and units preserved.
  • A record of dependent calculations and unresolved transaction-specific applicability.
12 planned resources · 12 draft resources available
referenceFoundation

Benchmark rates, loan coupons and the interest actually paid

Translate a floating-rate benchmark into a loan coupon and payment with explicit floors, spreads, reset dates and day-count assumptions.

Verify evidence
referenceFoundation

Which SOFR does your loan use? A benchmark identity and timing audit

Distinguish overnight SOFR, historical compounded averages and forward-looking Term SOFR using an observation register and a checked compounding example.

Verify evidence
referenceFoundation

Treasury benchmarks: reconcile the tenor, observation and loan quote

Audit a Treasury-based CRE quote with a dated benchmark register, an explicit interpolation convention and a worked separation of market movement from spread changes.

Verify evidence
referenceFoundation

A unit audit for CRE debt models: periods, percentages and balances

Catch annual/monthly mismatches, basis-point errors and funded-versus-committed denominator changes with a worked unit audit for commercial debt calculations.

Verify evidence
referenceAdvanced

Reading commercial loan program guides and bulletins

Trace a financing rule to its governing program, section and effective trigger, including an October 2026 Freddie Mac bulletin example.

Verify evidence
referenceAdvanced

Reading bank lending standards before requesting CRE debt

Classify regulatory requirements, supervisory limits, bank policy and negotiated terms before treating a published number as available commercial leverage.

Verify evidence
referenceAdvanced

Does this loan require an appraisal? Verify the rule, exception and lender policy

Use a source-applicability worksheet to separate a bank appraisal threshold, required evaluation, program requirement and lender policy without confusing loan amount with property value.

Verify evidence
referenceAdvanced

Verify an SBA owner-user claim: occupancy is one test, not the whole decision

Trace SBA existing-building, new-construction and eligible-passive-company claims to the correct rule and procedural version with an evidence worksheet and phased-occupancy example.

Verify evidence
referenceIntermediate

Verify the lender behind a proposal: identity, channel and transaction authority

Use a claim-to-evidence worksheet to verify an institution, an intermediary’s role and a stated agency channel without treating a registry listing as financing approval.

Verify evidence
referenceIntermediate

Trace a loan calculation through its definitions and amendments

Build a definition map that connects an executed agreement, amendments, schedules and effective conditions to the exact calculation version used for covenant reporting.

Verify evidence
referenceIntermediate

When two financing sources disagree: a claim-level resolution process

Use an actual observed term-sheet discrepancy to build a conflict ledger, preserve uncertainty and update dependent pages and models without inventing a controlling rule.

Verify evidence
referenceIntermediate

Date market evidence without turning it into a loan quote

Separate observation periods, publication dates, retrieval dates and offer expirations in a four-record evidence example for CRE financing research.

Verify evidence

No resources match these filters. Try a broader topic or clear a filter.