Butler Lumber

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Title: Butler Lumber

Essay Details:

Subject: Business

Author:

Date: December 5, 2015

Level:

Grade: A

Length: 5 / 1276

Essay text:

Butler’s business relies more heavily on the repair industry than on new construction, so it is somewhat protected against market fluctuations on new construction. Major recommendations Northrup National Bank should extend the loan to Butler. The company will roll much of its existing debt into the new loan, without extending itself significantly further than it currently is, and at a more favorable rate. Butler has been successful in keeping current on its debts, and based on projections should have the means to start paying these debts down. From the bank’s perspective, there’s little risk involved...

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