Subject category:
Finance, Accounting and Control
Published by:
Ivey Publishing
Version: 2009-07-08
Length: 13 pages
Data source: Field research
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Abstract
A respected dentist wants to expand his office space to accommodate his growing business and has approached his bank for funding of the project. The newly appointed manager of commercial accounts considers the loan request. He wants to ensure his assumptions are reasonable to minimize the risk. He must analyse the financial performance and financial statements, determine the type of loan required and evaluate alternatives.
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Abstract
A respected dentist wants to expand his office space to accommodate his growing business and has approached his bank for funding of the project. The newly appointed manager of commercial accounts considers the loan request. He wants to ensure his assumptions are reasonable to minimize the risk. He must analyse the financial performance and financial statements, determine the type of loan required and evaluate alternatives.