Question: 2) (5 points) A golf course has requested a revolving line of credit for seasonal working capital needs and new pro shop inventory. The course

2) (5 points) A golf course has requested a revolving line

2) (5 points) A golf course has requested a revolving line of credit for seasonal working capital needs and new pro shop inventory. The course is privately owned by its members, with none owning more than 5% of the course. Provide specific comments on the following loan structure components for this request. Loan interest rate (fixed or variable)? Loan maturity (term) Collateral Payment structure (amt / frequency) Financial monitoring requirement 2) (5 points) A golf course has requested a revolving line of credit for seasonal working capital needs and new pro shop inventory. The course is privately owned by its members, with none owning more than 5% of the course. Provide specific comments on the following loan structure components for this request. Loan interest rate (fixed or variable)? Loan maturity (term) Collateral Payment structure (amt / frequency) Financial monitoring requirement

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