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DRILLSFREE EDITORIAL · COMPOSITE TEACHING CASES

Drills.

Short composite cases from the lending table — every chair at it. Free, indefinitely.

10 CASES LIVE · 2 COMING · ALWAYS FREE

ISSUE 10 · INTERNAL · COMMITTEE · +2 CHAIRS

The Dissent

The paper recommends approval. You found the hole. You're the third vote of five — and the RM outranks you.

3/5 · 6 MINRead drill

TODAY'S FILE · 2026-10-12

THE CALL · CHAPTER 3

A seasonal toy importer asks for a five-year US$2m term loan 'for working capital'. Its stock peaks every October and is gone by January.

What is your first response?

1 FILES · PICK A CALL ON ANY OF THEM

MORE ON CHAPTER 3 · THE THREE DIAGNOSTICS →THE IN-TRAY →

INDUSTRY
TOPIC
DIFFICULTY

ALL 10 ISSUES · THE NEWEST IS ABOVE

ISSUE 09 · PORTFOLIO · EARLY WARNING

The Tuesday List

Eight dashboards. Two intensive-care slots. Portfolio triage, Tuesday 8:30am.

3/5 · 6 MINRead drill
ISSUE 08 · PROPERTY · NEW-TO-BANK · +2 CHAIRS

Basalt Ridge Developments

A new-to-bank developer, a claimed 28% ROE and two other banks circling. Your bank has a growth target.

3/5 · 6 MINRead drill
ISSUE 07 · LISTED RETAIL · QUALITY OF EARNINGS · +3 CHAIRS

Coastline Retail Group

NPAT up 9%. Operating cash flow down 31%. The dividend consent request is on your desk.

3/5 · 6 MINRead drill
ISSUE 06 · RETAIL · WORKING CAPITAL · +2 CHAIRS

Kowhai Retail Group

Last Christmas didn't clear. This year's buy is up 22%. The seasonal uplift request is in.

2/5 · 5 MINRead drill
ISSUE 05 · LOGISTICS · CONCENTRATION · +2 CHAIRS

Meridian Logistics

One customer is now 58% of revenue — and the expansion request is for assets dedicated to that customer. The contract has a 90-day break clause.

3/5 · 6 MINRead drill
ISSUE 04 · MANUFACTURING · WORKING CAPITAL · +2 CHAIRS

Highview Industries

Same request as Issue 01 on the surface. A completely different file underneath.

2/5 · 5 MINRead drill
ISSUE 03 · AGRIBUSINESS · SUCCESSION · +3 CHAIRS

Kauri Dairy Holdings

The patriarch is retiring. The bank hears about the succession plan from the accountant first.

2/5 · 6 MINRead drill
ISSUE 02 · TRADE · CROSS-BORDER · +2 CHAIRS

Aoraki Trade Exports

Paid in USD, costs in NZD, asking for a NZ$6m multi-currency facility. The MD won't say which currencies.

3/5 · 6 MINRead drill
ISSUE 01 · MANUFACTURING · WORKING CAPITAL · +2 CHAIRS

Pacific Premium Foods

Revenue's grown 50% in two years. Operating cash flow flipped negative. The MD wants more facility.

2/5 · 5 MINRead drill

WORKED TOGETHER

Issues 01 and 04 are a matched pair — the same facility increase, declined in one file and approved in full in the other. The working capital case study reads them side by side and sets out the order to read a file in. For candidates, the panel-side version is commercial banking interview questions.

COMING ISSUES
Archive — every issue in order →
ISSUE 11The Term Sheet WarWALK-AWAY · COMPETITION
ISSUE 12—SYNTHESIS · CAREER