Discuss the options that are available to Finbank under these circumstances- explain what those options involve; which option you would recommend and provide detailed reasons for your answer

minutes] Events-R-Us Pty Ltd is a company that is conducting business as a party and events planner. The company conducts its business from premises just north of the Adelaide CBD, where the company has offices, as well as a large facility that could be used for parties and events. The company borrowed $450 OOO from Finbank three years ago to purchase the property. The loan is secured by way of a mortgage over the land. Unfortunately, a series of mishaps with some of the events that were held at the premises caused Events-R-Us Pty Ltd severe reputational harm. This led to a significant drop in demand for the company's services, as a result of which it is now struggling to meet its current financial commitments. The company has, among other things, fallen in arrears with its loan repayments to Finbank. Finbank is very concerned about the future of Events-R-Us Pty Ltd and suspects that the company may soon be in insolvent liquidation. Discuss the options that are available to Finbank under these circumstances - explain what those options involve; which option you would recommend and provide detailed reasons for your