Subject category:
Finance, Accounting and Control
Published by:
Ivey Publishing
Version: 2009-11-13
Length: 14 pages
Data source: Field research
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Abstract
Corporate Promotions Incorporated, a small merchandising company producing specialty advertising products, custom clothing and pre-printed paper for promotional campaigns, had an opportunity to bid on a sales contract of two to five million dollars. Serious cash flow problems threatened to prevent the company from servicing the customer, and the company''s president approached the Bank of Ontario to request a $75,000 increase to its working capital loan. The loan manager must review the company''s past and future financial positions before deciding on the requested loan increase.
Subject category:
Finance, Accounting and Control
Published by:
Ivey Publishing
Version: 2001-11-15
Length: 13 pages
Data source: Field research
About
Abstract
Corporate Promotions Incorporated, a small merchandising company producing specialty advertising products, custom clothing and pre-printed paper for promotional campaigns, had an opportunity to bid on a sales contract of two to five million dollars. Serious cash flow problems threatened to prevent the company from servicing the customer, and the company''s president approached the Bank of Ontario to request a $75,000 increase to its working capital loan. The loan manager must review the company''s past and future financial positions before deciding on the requested loan increase.
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Subject category:
Finance, Accounting and Control
Published by:
Ivey Publishing
Version: 2001-11-15
Length: 13 pages
Data source: Field research