Assignment Details:
Your analysis must address the following scenario / loan request:
Your company is creating a subsidiary to sell a new product / service and the CFO has asked your bank to provide that subsidiary with two loans that meet the following needs:
Company Name: FICO | Revolving line of credit | Commercial mortgage |
Purpose | working capital | building purchase |
Amount | $10MM | $15MM |
Term | at least 3 years | 10 years |
Amortization | none | 30 years |
You should write Loan Request Summary for about 3 page long based on above terms.
Use attached Figure 4.1 as a guide. You should expand the above terms and conditions for each loan to include others that are appropriate based on chapter’s readings.
I have attached this instructions, Chapter and Figure 4.1 for your guide.
Please let me know if you have any questions.
Due date is 28th March 2022 by 12 PM EDT.