Case $1\mathrm{.}1$ Midi Capital Canada

CASE $1\mathrm{.}1$ MIDI CAPITAL CANADA, COMMERCIAL TRANSPORTATION FINANCING DIVISION

If was early moming on Aprill $1$s $2016,$ when Stewe Brant, assistant, accowmi manager for the Commercial Tramspontalion Firancing Division of Midi Capital Camada in Torontto, Ontario, Canada, finished reading the morning copy of The Financial $P$ ors amd began reviewing a loan request for $$270,000$ submitted by an existing client $-$ $ mimon Carriers Lid. Simon Camiers, a trucking company, requested the $$270,000$ loan to purchase two new $2016$ Freightliner transport trucks, four new $53-$fowt trailers and four new mobile satellite systems that would be used to track the location of the transpont trucks. Brant had to make a decision on the loan request and forward a report to the senior account manager for approval that aftemon.

MIDI CAPITAL

Midi Capital comprised of $27$ diversified businesses, including operations in North America, Latin America, Eumope and the Asia$-$Pacific region, its head office was located in Stanford Connecticut: Midi Diwersified, Midi Capital's parent company, was a publicly traded corporatuon with net eamings of over USSIS billion. Midi Capital was a major competitor in every industry it competed in$,$ achieving record net earnings of USS$3\mathrm{.}6$