This course covers Business Model Viability in Distress, which involves evaluating whether a borrower’s core business model remains commercially viable and capable of generating sustainable value despite financial distress within the Distressed & Structured Asset Credit (ARD) credit workflow. It focuses on assessing the long-term feasibility of the business, including its revenue-generating capacity, competitive position, operational resilience, market relevance, and ability to recover from adverse financial conditions. The course emphasizes structured execution and governance practices that support objective viability assessment, restructuring evaluation, recovery planning, and informed decision-making for distressed credit exposures. It evaluates key dimensions such as the sustainability of operations and the management of stressed, restructured, and non-performing credit exposures, with each requiring independent validation and documented rationale before any credit action is finalized. It is distinct from broader credit management processes, as it focuses specifically on structured identification, business viability assessment, escalation management, and breach response related to operational sustainability, turnaround potential, restructuring feasibility, and long-term recovery prospects, while related credit management processes address wider portfolio oversight, lending strategy, credit administration, and institutional risk governance with separate evidence standards, ownership, and approval authority. Within Distress Severity & Viability Assessment, the credit analyst executes the assessment, completes documentation, and flags exceptions for manager review within Distressed & Structured Asset Credit (ARD) credit files, shaping escalation scope and operational priorities.