{"id":558,"date":"2025-10-15T14:06:12","date_gmt":"2025-10-15T14:06:12","guid":{"rendered":"https:\/\/www.huronresearch.ca\/mos-cases-staging\/?post_type=project&#038;p=558"},"modified":"2026-08-11T18:38:04","modified_gmt":"2026-08-11T18:38:04","slug":"ashmere","status":"publish","type":"project","link":"https:\/\/www.huronresearch.ca\/mos-cases\/project\/ashmere\/","title":{"rendered":"Ashmere: Equipped to Borrow"},"content":{"rendered":"<div class=\"et_pb_section_0 et_pb_section et_section_regular et_block_section\">\n<div class=\"et_pb_row_0 et_pb_row et_block_row\">\n<div class=\"et_pb_column_0 et_pb_column et_pb_column_1_2 et_block_column et_pb_css_mix_blend_mode_passthrough\">\n<div class=\"et_pb_image_0 et_pb_image et_pb_module et_block_module\"><span class=\"et_pb_image_wrap\"><img decoding=\"async\" data-src=\"https:\/\/www.huronresearch.ca\/mos-cases-staging\/wp-content\/uploads\/sites\/124\/2026\/08\/Ashmere-Banner.jpg\" alt=\"Lawnmower cutting grass\" title=\"Ashmere Banner\" width=\"512\" height=\"256\" data-srcset=\"https:\/\/www.huronresearch.ca\/mos-cases-staging\/wp-content\/uploads\/sites\/124\/2026\/08\/Ashmere-Banner.jpg 512w, https:\/\/www.huronresearch.ca\/mos-cases-staging\/wp-content\/uploads\/sites\/124\/2026\/08\/Ashmere-Banner-480x240.jpg 480w\" data-sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) 512px, 100vw\" class=\"wp-image-563 lazyload\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 512px; --smush-placeholder-aspect-ratio: 512\/256;\" \/><\/span><\/div>\n\n<div class=\"et_pb_text_0 et_pb_text et_pb_bg_layout_light et_pb_module et_block_module\"><div class=\"et_pb_text_inner\"><h2>Introduction:<\/h2>\n<p>In April 2024, Mayumi Sato, an assistant credit manager at Cavellio &amp; 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\u2019s suitability for the loan.<\/p>\n<\/div><\/div>\n\n<div class=\"et_pb_module et_pb_button_module_wrapper et_pb_button_0_wrapper\"><a class=\"et_pb_button_0 et_pb_button et_pb_bg_layout_light et_pb_module et_block_module\" href=\"https:\/\/www.huronresearch.ca\/mos-cases-staging\/wp-content\/uploads\/sites\/124\/2026\/08\/Ashmere_10.15.2025.pdf\" target=\"_blank\" data-icon=\"\uf1c1\">Download<\/a><\/div>\n<\/div>\n\n<div class=\"et_pb_column_1 et_pb_column et_pb_column_1_2 et-last-child et_block_column et_pb_css_mix_blend_mode_passthrough\">\n<div class=\"et_pb_text_1 et_pb_text et_pb_bg_layout_light et_pb_module et_block_module\"><div class=\"et_pb_text_inner\"><h1 style=\"font-size: 40px;\"><strong>Ashmere: Equipped to Borrow<\/strong><\/h1>\n<p>Author: Alexander (A.J.) Miller<\/p>\n<h2>Category:<\/h2>\n<p style=\"font-size: 16px;\">Financial Management<\/p>\n<h2>Preamble:<\/h2>\n<p><i>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.<\/i><\/p>\n<p><strong>Published 10-15-2025<\/strong><\/p>\n<h3>Copyright:<\/h3>\n<p><em>This content is freely available without charge to readers and their institutions. All content is published under the Creative Commons License, Attribution-NonCommercial-NoDerivatives 4.0 International (<a href=\"https:\/\/creativecommons.org\/licenses\/by-nc-nd\/4.0\/deed.en\" target=\"_blank\" rel=\"noopener\">CC BY-NC-ND 4.0<\/a>). Readers are allowed to read, download, copy, distribute, print, search, or link to the full texts of this case without seeking prior permission from the author(s)<\/em><\/p>\n<\/div><\/div>\n\n<div class=\"et_pb_text_2 et_pb_text et_pb_bg_layout_light et_pb_module et_block_module\"><div class=\"et_pb_text_inner\"><h3>Keywords<\/h3>\n<p>&nbsp;<\/p>\n<\/div><\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":565,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"project_category":[67,35],"project_tag":[],"class_list":["post-558","project","type-project","status-publish","has-post-thumbnail","hentry","project_category-cases","project_category-finance"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.0.1 - aioseo.com -->\n\t<meta name=\"description\" content=\"Introduction: In April 2024, Mayumi Sato, an assistant credit manager at Cavellio &amp; Howard Industrial Capital (CH), was reviewing the request for financing presented by Caleb Oak for Ashmere Landscaping Services (Ashmere). 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