Question 2012 marks) You are a Junior Credit Officer at BNS Aisland Lid a commercial bank Contracto de la medium and company that sols construction equipment and ho construct buildings on behalf of the government and other large organisations. The company is owned by Michael Tenn and his wife Suon who are cho the only director Contracto Ltd has now opoled to your bank for credito $65.000.000 broken down as follows: (1) tocory out long-term expansion involving the upgrading of its warehouse $40.000.000 (2) Overdot 125.000.000, The warehouse is situated on real estate in a section of outon that what good for that type of business will not be conly sold and the bank wil not accept collateral security. The following are extracts from Contracto's bolonce sheet os at September 30, 2021 inventory of large construction tools for sale 330.000.000 Receivables dos from a contract on government building 13.20.000.000 2017 Caterplo troctons lumbor WVW234987 345.000.000 Motor Vehicles 13-2019 Toyota prica with chons number 1333.74 ropeclive 18.000.000 2-2018 Nsson Tierna motor core with ouiumban A567 and 845 $10.000.000 Once building 4 Pal Ave registered of volume 354 folo 35 $100.000.000 Fitton onrealestate at Pol Ave held by another bank S35.000.000 oso other bare have a standard root on the rule oman and aroom Required To You have banned to set the coolest section of concocomoto.com - Posot the good We do not overbond the lollowing at Mat Your lodge IN vo Vanto document to charos Question 2012 marks) You are a Junior Credit Officer at BNS Aisland Lid a commercial bank Contracto de la medium and company that sols construction equipment and ho construct buildings on behalf of the government and other large organisations. The company is owned by Michael Tenn and his wife Suon who are cho the only director Contracto Ltd has now opoled to your bank for credito $65.000.000 broken down as follows: (1) tocory out long-term expansion involving the upgrading of its warehouse $40.000.000 (2) Overdot 125.000.000, The warehouse is situated on real estate in a section of outon that what good for that type of business will not be conly sold and the bank wil not accept collateral security. The following are extracts from Contracto's bolonce sheet os at September 30, 2021 inventory of large construction tools for sale 330.000.000 Receivables dos from a contract on government building 13.20.000.000 2017 Caterplo troctons lumbor WVW234987 345.000.000 Motor Vehicles 13-2019 Toyota prica with chons number 1333.74 ropeclive 18.000.000 2-2018 Nsson Tierna motor core with ouiumban A567 and 845 $10.000.000 Once building 4 Pal Ave registered of volume 354 folo 35 $100.000.000 Fitton onrealestate at Pol Ave held by another bank S35.000.000 oso other bare have a standard root on the rule oman and aroom Required To You have banned to set the coolest section of concocomoto.com - Posot the good We do not overbond the lollowing at Mat Your lodge IN vo Vanto document to charos
