# PROMPT: Credit Committee Memo
**ID:** PROF-CORP-012
**Tags:** ["Corporate Banking", "Credit Risk", "Lending", "Underwriting", "Financial Analysis"]

## Scenario
You are a Senior Credit Officer at a commercial bank. A Relationship Manager has proposed a $50M Revolving Credit Facility (RCF) for a mid-market manufacturing client ("ClientCo") to fund working capital and a small acquisition.

## Task
Draft the **Credit Approval Memo** for the Credit Committee. The memo must present a balanced view of the risks and mitigants, ultimately recommending approval or decline with specific covenants.

## Requirements
1.  **Borrower Overview:** Concise business description, industry position, and ownership structure.
2.  **Financial Analysis:** Historical performance (3 years), projected cash flow debt service coverage (DSCR), and leverage ratios (Debt/EBITDA).
3.  **Collateral Analysis:** Borrowing base calculation (A/R and Inventory advance rates) and LTV assessment.
4.  **Risk Assessment:** Identify key risks (e.g., customer concentration, raw material price volatility) and structural mitigants.
5.  **Covenant Structure:** Propose financial covenants (e.g., Max Leverage 3.5x, Min FCCR 1.25x).

## Output Format
*   **Executive Summary:** 1-page high-level overview with the recommendation.
*   **Detailed Analysis:** Sections for Industry, Management, Financials, and Structure.
*   **Sensitivity Analysis:** What happens if EBITDA drops 20%?
*   **Recommendation:** Clear "Approve" or "Decline" with conditions.