Garry Halper Menswear Limited (GHM) is a medium-sized manufacturer of high quality men’s suits and jackets that have been widely distributed in Canada. The company has landed a very large order for men’s suits with Sutton in the United States. To fulfill the order, the company has decided to import incomplete suits from China. The treasurer of GHM checks the financing needs and risks arising from this great increase in sales. At the same time, he believes that the … Read more »

Garry Halper Menswear Limited (GHM) is a medium-sized manufacturer of high quality men’s suits and jackets that have been widely distributed in Canada. The company has landed a very large order for men’s suits with Sutton in the United States. To fulfill the order, the company has decided to import incomplete suits from China. The treasurer of GHM checks the financing needs and risks arising from this great increase in sales. At the same time, he believes that the company will consider the present bank timid in its response to the company’s needs, and he wants another bank relationship.
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from
James E. Hatch
Stephen R. Foerster,
Steven Cox,
Manpreet Hora
Source: Ivey Publishing
17 pages.
Release date: 01 Begin in May 2013. Prod #: W13188-PDF-ENG
Garry Halper Menswear Limited: A loan application for Export Order HBR case solution

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