Introduction:
In April 2024, Mayumi Sato, an assistant credit manager at Cavellio & Howard Industrial Capital (CH), was reviewing the request for financing presented by Caleb Oak for Ashmere Landscaping Services (Ashmere). Ashmere offered landscape design, construction, and maintenance. They were requesting a loan for a new dump truck to expand their operations. Sato had been working at CH for a few years and was instructed not to approve any risky requests, so she had to carefully assess Ashmere’s suitability for the loan.
Ashmere: Equipped to Borrow
Author: Alexander (A.J.) Miller
Category:
Financial Management
Preamble:
This case was written with the support of research assistant Sakura Wood, and was edited by Richard S. Bloomfield, Joe Gilvesy, Katie Oates, and Shahin Pardhan. Final production of this note was made possible by Ryan Rabie from the Library and Learning Services team at Huron University. The authors' intent for this material is to be used in a classroom or other management learning settings. Names or other identifying information may be altered to protect confidentiality.
Published 10-15-2025
Copyright:
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