Question: Can anyone provide solution to Clarkson Lumber Company Case study by Harvard Business School. Extract as below- Clarkson Lumber Company After a rapid growth in

Can anyone provide solution to "Clarkson Lumber Company" Case study by Harvard Business School.

Extract as below-

Clarkson Lumber Company

After a rapid growth in its business during recent years, the Clarkson Lumber Company, in

the spring of 1996, anticipated a further substantial increase in sales. Despite good profits, the

company had experienced a shortage of cash and had found it necessary to increase its borrowing

from the Suburban National Bank to $399,000 in the spring of 1996. The maximum loan that

Suburban National would make to any one borrower was $400,000 and Clarkson had been able to

stay within this limit only by relying very heavily on trade credit. In addition, Suburban was now

asking that Mr. Clarkson guarantee the loan personally. Keith Clarkson, sole owner and president of

the Clarkson Lumber Company, was therefore actively looking elsewhere for a new banking

relationship where he would be able to negotiate a larger loan that did not require a personal

guarantee.

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