Spilled Milk: Troubles Bubble Up at the Car Wash

"Spilled Milk" articles from The RMA Journal illustrate how to avoid pitfalls in lending. This month, read about a banker who thought that his credit to a car wash operator was clean and how the borrower—and, subsequently, the bank—quickly ran into trouble. Learn about the four missteps that caused loss and what elements of lending you should keep in mind to avoid ending up in hot water. 

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