Underwriting is not an exact science, what are the strengths and weaknesses of:

Behavioural underwriting

• When do we use it and why

• Thresholds

• Financing structure

Gap based underwriting

• When do we use it and why

• Thresholds

• Financing structure

Cashflow underwriting

• Financial Analysis

• Rational for investment

• Market and Management

• Gap analysis

• Financing Structure

Balance Sheet underwriting

• Financial Analysis

• B/S structure

• Burn rate

• Access to additional equity / borrowings

• Funding structure

Specialisation

• The benefits of tailored underwriting