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Form and Structure

In: Understanding Corporate Credit

Author

Listed:
  • T. H. Donaldson

    (Morgan Guaranty Trust Company of New York)

Abstract

Two basic approaches can be taken in presenting a credit proposal, depending on how each bank sees its primary function. The first requires the presenter to make the decision himself; the presentation’s function is then to explain why he believes it is right, with adequate discussion of strengths and weaknesses, risks and protections. The proposal then asks the reader to ratify the decision which the account officer, in American terminology, has already made.

Suggested Citation

  • T. H. Donaldson, 1983. "Form and Structure," Palgrave Macmillan Books, in: Understanding Corporate Credit, chapter 15, pages 271-296, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-17325-9_15
    DOI: 10.1007/978-1-349-17325-9_15
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