What should you do to lend to ms rocket

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Reference no: EM133926862

Problem

Rowena Rocket is an RACV Club Gold Member and well-known socialite married to political party leader. She is currently raising funds for an upcoming charity gala for depressed and neglected bats. The contributions are expected to reach $1M according to the RSPCA. She applies for a $70K loan for an inground pool and backyard reno. She provides bank statements that show ample savings - good credit risk. There are many transactions marked as funds for the gala event. You also notice funds transfers to unidentified accounts including overseas accounts. But these are mainly under $8K. Get the instant assignment help.

Ms Rocket is a long-term customer with a solid reputation. Our CEO is also expected to attend the gala. What should you do to lend to Ms Rocket?

Reference no: EM133926862

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