Monro Muffler/ brake| Credit Analysis| | Table of limit exposition of request Credit Facility3 decision maker Summary3 brass Description3 economic & Industry Forecast6 international Factors7 Highlights of the Financial Statements8 Five year Projections13 Net Income and Cash race Projections13 Credit Analysis/ readiness to Meet Financial Obligations14 set the Credit Facility15 * Description of Requested Credit Facility In anticipation of the expiration of its active opinion mental quickness, Monro Muffler/Brake is requesting a five-year, $175 million revolving realization facility from well Fargo Bank. The company will put on this doctrine facility to put back smaller existing facilities and use the additional funds for everyday company needs. As the largest cooking stove of company operated under-car facilities in the U.S. , this realisation facility will allow the company to continue to change its pecuniary position in the retail a utomotive serving patience. * Executive Summary In determining the viability of the organization, the macro-economy, patience prospects, and the company itself ar all thoroughly evaluated.
The companys financial statements from the ult three years argon analyzed in solemn detail and net income and net cash flow projections are completed for the next five years to gain a sense of the capability of the organization to repay the pending revolving identification facility. Monro has several factors that support the issue of a new credit facility, including a strong balance sheet position, favorable industr y trends and its market leading position. It! is a low cost public mover and has offered dividend increases for 11 years straight. Furthermore, it is the largest chain of under-car facilities in the U.S., offering a considerable variety of products and services, which balance and meet the needs of a broad clientele. * Organization Description Monro Muffler/Brake is a chain of company-owned and operated stores in the...If you want to get a liberal essay, secern it on our website: OrderCustomPaper.com
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