defense industries. St. Louis National Bank is considering a loan request from Hampton on September 14, 1979. The loan request consists of the renewal of a previously granted loan of $1 million, used to repurchase stock, and an additional $350 thousand, needed to upgrade machinery. Both loans would be due at year’s end with 1.5% monthly interest on principal. Discussion The decision St. Louis National faces is whether or not to loan Hampton the requested $1.350 million. Issues concerning this
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Capital Expenditure Budget ITEMS DESCRIPTION COSTS COMPANY EXPANSIONS Facility Renovations More seating, menu add ons, décor change, and more advertising and marketing $15,000.00 1 MACHINES $77,760.99 Office Laptop Dell Latitude Business Laptop 18 in Screen $499.99 soda fountain bar(2) 6 fountain self serve soda machines $7,028.00 cash registers (2) POS Sytem plus yearly service $8,296.00 $3,500.00 $3,500.00
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DETERMINING CREDIT WORTHINESS OF A COMPANY; A CASE OF NATIONAL FABRICATORS I. Introduction/background a. What is the case about? b. What are the issues to be analysed? - What are the options? - What are the decisions to be made? II. Analysis of the issues III. Recommendations with reasons IV. Executive Summary INTRODUCTION/ BACKGROUND What is the case about? In July 1994, the president of National Fabricators
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Risks and Benefits Associated with Bad Credit Loans Bad credit loans are a blessing in disguise for those suffering from bad credit history. People unable to pay their bills or loans on time suffer from a bad credit score that affects negatively on their credit history. There are a number of reasons behind a bad credit history including financial crises, bankruptcy, inability to pay bills on time and many others. Recession is one of the major factors behind bad credit history of the people as
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of credit exposure and the quality of that exposure. How much credit exposure a bank has is a function of: • The level of loans and other credit/credit-equivalent exposures relative to total assets and capital and The extent to which earnings are dependent on loan or other credit/credit-equivalent income sources. • Banks that have higher loans-to-assets and loans-to-equity ratios and that depend heavily on the revenues from credit activities will have a higher quantity of credit risk.
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MAJOR PROJECT ON CUSTOMER PREFRENCES WITH REGARD TO THE RETAIL BANKING SCHEMES This Dissertation report is being submitted as a part of the requirements of the MBA (FINANCE) Program of Punjab Technical University ,Jalandhar. SUBMITTED TO: PROJECT GUIDE: SUBMITTED BY: Kamna Pathak MBA (FINANCE) 2 YR. ROLL NO. ……………. RIMT – IMCT Mandigobindgarh ACKNOWLEDGEMENT This study was made possible with the consultations, support and kind
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Part 1 Mini Case: a. Why is corporate finance important to all managers? Corporate finance is important to all managers because managers should understand and know the health of the company they are working for. Secondly, managers have an obligation to maximize the value of a company for the shareholders of an organization. The decisions that will be made on a regular basis are all affected by the current financial state of a corporation. b. Describe the organizational forms a
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at Kevin Schmidt's paycheck. Mr. Schmidt arranges mortgages in Shreveport, La. He earns his money upfront, taking a percentage of each loan once papers are signed. "We don't get paid unless we can say YES" to loans, his firm's Web site says. The problem, which Mr. Schmidt says he sees clearly: Brokers have little incentive to say "no" to someone seeking a loan. If a borrower defaults several months later -- as Americans increasingly are doing -- it's someone else's problem. At every level of the
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REPRESENTATION LETTER BY ULTIMATE LOAN RECIPIENT (a) Loan funds were not used for activities that would adversely affect the environment, or activities that limit the choice of reasonable alternatives prior to satisfying Rural Development environmental requirements; (b) Loan funds were not used to pay off or refinance any existing indebtedness or costs of the Project that was incurred prior to Rural Development receipt of the Intermediary’s completed application; (c) Loan funds were not used for
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US Army Loan Repayment Program (LRP) The Army's Loan Repayment Program (LRP) is a special enlistment incentive that the Army offers to highly qualified applicants at the time of enlistment. Under the LRP, the Army will repay up to $65,000 of a soldier's qualifying student loans. Eligibility criteria for this program consists of the following: * Individual must contract for the LRP as a non-prior service accession for a 3 or more year term of service into the active force * must disenroll
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