Task Four - 10Marks In a memo to the executives (no more than one page) please introduce Smith Carson and their transaction. Make a recommendation as to how your bank will support Smith Carson and justify why they should approve your deal with Smith Carson. Credit Memo should mimic layout we used in elevator pitch. Summarize transaction and Smith Carson Identify Financing need with collateral, pricing, conditions Detail key risks and detail risk management strategies Overall recommendation, why should your bank take on Smith Carson and this transaction Options/thinking points New or increased Line of Credit, what would be terms and conditions and proposed risks - what can you do to mitigate any of these? What type of LC are you willing to approve? Any conditions? What are the risks of this transaction for the Bank? What conditions would you put in place to protect both Smith Carson and your Bank?