Clarkson Lumber Co.

Clarkson Lumber Co.

Analysis

After the evaluation of the case I have come up with some analysis and recommendation to Mr. Clarkson. Over recent years Clarkson Lumber Company has been experiencing rapid growth. The owner, Keith Clarkson, has used $399,000 his company's $400,000 loan granted by Suburban National Bank. Clarkson has stayed within his limit relying mostly on trade credit. Clarkson has made a new friend George Dodge, an officer of a larger bank (Northrup National Bank). Clarkson would like to obtain a $750,000 loan. Dodge arranges to have an investigation on CLC's current financials. Many crucial details were discovered. ...