Responsible for approving commercial loans

Reference no: EM13311133

Assume you are responsible for approving commercial loans at a bank where you are a senior lending official. You are approached by two hospitality college graduates, each with three years management experience acquired after they completed their studies. They are seeking a loan slightly in excess of $1 million to establish a restaurant in the community. The funds will be used to lease land, facilities, and equipment as well as for renovation, inventory, salaries, and other start-up costs. a. Will the organization structure selected by the partners have an impact on you decision to extend the loan? b. What type of organizational structure would you want to see? c. What other factors would influence your decision? d. Would it make a difference to you if the partners were requesting the loan to complete a franchise agreement with an established and successful franchisor? e. What information would you want to see from the franchise relationship to help you make your decision? f. What information (franchise relationship) is required by law? g. What additional information might you request if the partners were seeking the loan to operate as an independent restaurant? h. Would it matter if the loan were for an existing restaurant, as opposed to a new start-up?

Reference no: EM13311133

Questions Cloud

Analyze the job analysis methods : Analyze the job analysis methods described in Chapter 5 and determine which method (or combination of methods) would be most appropriate to analyze your current (or expected) job. Explain your rationale. Considering your current job, discuss how you ..

Discuss the business value of social networking : Discuss the business value of social networking. Should Your Organization Use Social Networking Sites?

General trends of general environment give hypothetical : Using the six general trends of the general environment give a hypothetical example of how each trend could affect a small business. Be specific in what the business in each example produces or services.

Numerous laws that are enacted to protect consumers : Numerous laws that are enacted to protect consumers have been passed and business leaders have evolved to reflect this focus on consumer safety.

Responsible for approving commercial loans : Assume you are responsible for approving commercial loans at a bank where you are a senior lending official. You are approached by two hospitality college graduates, each with three years management experience acquired after they completed their stud..

Beginning the very first social networking site : Imagine that you are beginning the very first social networking site, fast-food restaurant, or pizzeria, and develop a brief business plan that highlights the financial, marketing, and organizational aspects

Interior-core poems of requiem address different audiences : The "interior" or "core" poems of Requiem address different audiences. In complete sentences, tell me three different audiences addressed, and tell me which poem (refer to it by number) addresses each of these audiences. Paragraph

What is the chief cause of radioactivity : Some asteroid fragments are large enough to not completely burn up in the atmosphere and they end up on the surface of the Earth. It is possible for such a fragment to be radioactive. What is the chief cause of radioactivity? If you had a radiation d..

Perfect a security interest and give real-world examples : What are the various methods to Perfect a Security Interest and give real-world examples

User Account

All Pages