This book focuses on the credit environment in today's financial world. Whether the reader is a practicing bank lender or involved in corporate finance, this book demonstrates how various factors influence credit, funding, pricing decisions and proper structuring of loan agreements. An understanding is developed of the most important issues confronting financial and banking managers today, with the discussion of the financial processes used to formulate decisions and analyze the strengths and weaknesses of credit metrics. Eight cases are discussed to illustrate aspects of the corporate credit decision.