Case | HBS Case Collection | June 1986 (Revised May 1989)

Biltwell Shears, Inc.

by Thomas R. Piper

Abstract

A senior loan officer is reviewing the recent performance of a company that has failed to repay its loan as scheduled. The failure results from a cyclical downturn in sales, coupled with a lag in cutting back production. Inventory risk is minimal. This case is an updated version of Cutrite Shears.

Keywords: Financial Condition; Financing and Loans; Corporate Finance; Manufacturing Industry;

Citation:

Piper, Thomas R. "Biltwell Shears, Inc." Harvard Business School Case 286-021, June 1986. (Revised May 1989.)