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Abstract

A senior account manager at a branch of the Confederation Bank of Canada, began to review her latest loan request. The co-founder of Dumar Concrete Foundations Ltd (Dumar) and long time customer, was requesting a $185,000 loan to construct a new building to house Dumar''s existing operations. Sales and profits had fallen sharply in recent years. Construction was already well under way with a completion date set for September 30, 1991. The senior account manager had only a few days in which to consider the request and render her decision.
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Abstract

A senior account manager at a branch of the Confederation Bank of Canada, began to review her latest loan request. The co-founder of Dumar Concrete Foundations Ltd (Dumar) and long time customer, was requesting a $185,000 loan to construct a new building to house Dumar''s existing operations. Sales and profits had fallen sharply in recent years. Construction was already well under way with a completion date set for September 30, 1991. The senior account manager had only a few days in which to consider the request and render her decision.

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Location:
Size:
Small

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