Learning Center
Practical commentary and visual guides to the credit protections, settlement structures, and exposure controls used across payments and commercial relationships.
Credit Analyst Training
Eight modules with topical instruction, practice questions, and 80% mastery assessments. Modules 1–3 are free and open to everyone; Modules 4–8 are part of paid enrollment.
Risk Manager & Credit Adjudicator Training
Eight modules covering adjudication, credit structure, portfolio risk, stress testing, problem credits, and committee leadership. Topic practice and 80% module assessments reinforce each step. Modules 1–3 are free; Modules 4–8 are part of paid enrollment.
FinTech Industry Professional Training
For professionals entering financial technology. Learn payments, product economics, customer protection, technology operations, and responsible launch decisions. Eight modules with topic practice, workshops, and 80% assessments. Modules 1–3 are free; Modules 4–8 are part of paid enrollment.
Business Intelligence & Data Analyst Training
For new analysts and business professionals. Build skills in reliable data, SQL, statistics, dashboards, forecasting, and defensible recommendations. Eight modules with topic practice, workshops, and 80% assessments. Modules 1–3 are free; Modules 4–8 are part of paid enrollment.
Featured commentary · September 2026
Credit can measure a merchant’s exposure, but Legal must help turn that analysis into clear, workable rights. This companion opinion piece examines the partnership from merchant onboarding through changes in risk and potential distress.
Opinion · Peter Weitl · Four-page PDF
Explore how the teams can connect exposure estimates to reserve and payout provisions, guarantees, notice, and sponsor-bank obligations. The article also identifies benefits, pitfalls, and controls for AI-assisted agreement review and case preparation.
Visual explainers · Collection 01
Each guide explains how a commonly used risk-control structure works, who it protects, and where the underlying financial exposure remains.
Standby letter of credit
Follow the agreement, application, issuance, performance, and draw process—and see why the bank’s obligation remains independent of the underlying contract.
Liquidity & collateral
Compare a restricted cash deposit with bank credit support, including the effect of collateral requirements on the amount of liquidity actually released.
Merchant acquiring
See how each settlement contributes to the reserve, how individual batches age, and how older funds may be released as new funds enter.
Settlement timing
Understand the payment flow, a T+7 example, and the different liquidity and risk-management effects for the payment service provider and merchant.
Visual explainers · Collection 02
Understand how payment terms and receivables financing affect liquidity, working capital, collection timing, and the amount of credit exposure carried by a seller.
Trade credit
Compare payment dates, buyer liquidity, seller financing, and steady-state exposure using a shared $100,000 invoice example.
Receivables financing
Follow the sale, advance, customer payment, and reserve release—and compare faster cash availability with fees, eligibility rules, and recourse risk.
Visual explainers · Collection 03
Explore how complex credit facilities distribute responsibilities and exposure, and how financial contracts can reshape—but not eliminate—market risk.
Syndicated lending
See how the borrower, arranger, agent, collateral agent, and lender group interact under one agreement, including a $500 million allocation example.
Interest-rate risk
Compare payoff mechanics and effective-rate outcomes using a $10 million SOFR-based loan, while accounting for premiums, basis, and counterparty risk.
Loan amortization
Compare a level principal-and-interest payment with fixed principal plus declining interest, including the initial payment, total interest, repayment pace, and common lending uses.
Visual explainers · Collection 04
Use financial statements, cash-flow measures, and coverage ratios to evaluate operating performance, repayment capacity, financial distress signals, and emerging credit risk.
Financial distress screening
Understand the original Altman formula, its five financial ratios, interpretation bands, common credit applications, and important model limitations.
Repayment capacity
See how FCCR measures payment capacity, how covenant headroom responds to stress, and why the governing credit agreement defines the calculation.
Cash-flow analysis
Compare the lender’s diagnostic view of repayment and financing needs with the standardized GAAP statement of operating, investing, and financing cash flows.
Receivables efficiency
Learn how the ratio measures collection efficiency, how it relates to days sales outstanding, and how companies and lenders interpret higher or lower results.
Inventory efficiency
See how long inventory remains before sale or use, what faster and slower movement can indicate, and how inventory days affect liquidity and the cash-conversion cycle.
Payables management
Understand how Days Payable Outstanding measures supplier-payment timing, how it compares with agreed terms, and how it affects cash flow and supplier relationships.
Educational use. These materials provide general explanations, not legal, accounting, investment, or financial advice. Contract terms, underwriting requirements, applicable law, and operational practices may change how each structure functions in a particular relationship.
Featured commentary · September 2026
Credit and Operations Must Work the Same Risk
In a payment service provider, merchant exposure changes after approval. This opinion piece sets out how Credit and Operations can share the signals, decisions, and accountability needed to respond.
Opinion · Peter Weitl · Four-page PDF
One merchant. One exposure.
Credit turns approval into usable operating terms. Operations brings back evidence from settlement, refunds, disputes, and merchant behavior. The article also identifies four opportunities for AI-assisted work, with their benefits, pitfalls, and required controls.