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.