Product details

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Case
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Reference no. 9-297-013
Published by: Harvard Business Publishing
Originally published in: 1997
Version: 26 January 1999
Revision date: 14-Apr-2020
Length: 8 pages
Data source: Generalised experience

Abstract

A bank loan officer must determine whether to waive convenants and extend terms on a line of credit granted to SureCut Shears. At issue is whether the inability of SureCut to pay down its line of credit is due to a temporary cyclical downturn or other long-term financial problems.
Location:
Industries:
Size:
USD30 million revenues
Other setting(s):
1996

About

Abstract

A bank loan officer must determine whether to waive convenants and extend terms on a line of credit granted to SureCut Shears. At issue is whether the inability of SureCut to pay down its line of credit is due to a temporary cyclical downturn or other long-term financial problems.

Settings

Location:
Industries:
Size:
USD30 million revenues
Other setting(s):
1996

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