Aubree has a strong history of serving customers as Corporate Investment Managers in St.Vincent and the Grenadines, Jamaica and  St. Lucia . It is interested in strengthening its relationship with Entrepreneurs in these countries by providing lending services. Aubree recognizes the need and demand for financing of Small Medium Enterprises. However, the Aubree management team realized that before it could scale up the capacity of its financial services department and introduce new lending programs, it needed strong credit and lending policies and procedures in place. To date, Aubree has no loan policies or procedures for Small Medium Enterprises.  1. Given the current economic environment, three critical requirements Aubree should include in the possible loan products for Small Medium Enterprises are Flexible Repayment Terms, Competitive Interest Rates and, Access to Advisory Services  given this further elaborate on these requirements.

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter3: Introduction To Optimization Modeling
Section: Chapter Questions
Problem 41P
icon
Related questions
Question

Aubree has a strong history of serving customers as Corporate Investment Managers in St.Vincent and the Grenadines, Jamaica and  St. Lucia . It is interested in strengthening its relationship with Entrepreneurs in these countries by providing lending services. Aubree recognizes the need and demand for financing of Small Medium Enterprises. However, the Aubree management team realized that before it could scale up the capacity of its financial services department and introduce new lending programs, it needed strong credit and lending policies and procedures in place. To date, Aubree has no loan policies or procedures for Small Medium Enterprises. 

1. Given the current economic environment, three critical requirements Aubree should include in the possible loan products for Small Medium Enterprises are Flexible Repayment Terms, Competitive Interest Rates and, Access to Advisory Services  given this further elaborate on these requirements.

Expert Solution
steps

Step by step

Solved in 1 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,