Case | HBS Case Collection | March 1997 (Revised January 1999)

SureCut Shears, Inc.

by W. Carl Kester

Abstract

A bank loan officer must determine whether to waive convenants and extend terms on a line of credit granted to SureCut Shears. At issue is whether the inability of SureCut to pay down its line of credit is due to a temporary cyclical downturn or other long-term financial problems.

Keywords: Business Cycles; Finance; Performance; Problems and Challenges;

Citation:

Kester, W. Carl. "SureCut Shears, Inc." Harvard Business School Case 297-013, March 1997. (Revised January 1999.)