The newly appointed head of the commercial invoice says loan request from the owner of the recreational motorsports dealership in the amount of $ 60,000 long-term loan for renovation and addition of a tattoo parlor. The owner also requested $ 450,000 loan working capital for operations and to help manage seasonal fluctuations in sales. This is a complex case, in which students assess the quality issues that affect the recreational motorsports industry with a weak economic climate. Students learn the fundamentals of commercial lending and the risks associated with lending to a company that has no history of bank credit and credit that is looking for stability. "Hide
by Elizabeth M. Grasby, Greg Smith Source: Richard Ivey School of Business Foundation 9 pages. Publication Date: February 04, 2011. Prod. #: W10542-PDF-ENG
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