You work as a wholesale salesperson for a plumbing supply company. One of your customers, a contractor,

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You work as a wholesale salesperson for a plumbing supply company. One of your customers, a contractor, has an open line of credit with your company for

$10 000 worth of products. He is currently at his limit;

however, he is not overdue. He just received word that he has been awarded a $40 000 plumbing contract at the local airport. The contract requires that he supply

$9000 worth of plumbing products. Your customer does not have the cash to pay for the additional products.

He informs you that unless you can provide him with some type of financing, he may lose the contract.

He says he can pay you when he finishes his next job in 60 days. Explain what you will do.

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