Decisioning Statement
In the financial sector – especially at banks and credit card companies – expedited decisioning is needed to notify customers and clients if they qualify for a loan or credit.
The credit decisioning process if a critically important step because a poor decision to extend credit can result in an eventual default – which necessitates writing-off the loan and thus a decrease in the business’ profitability. However, an overly stringent credit decisioning process will result in too little lending as well as missed opportunities to lend at more lucrative rates.
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Polypore International, Inc. Files Registration Statement for Follow-On Offering of 7.5 Million Shares of Common Stock
CHARLOTTE, N.C., May 8, 2008 (PRIME NEWSWIRE) -- Polypore International, Inc. (NYSE:PPO) announced today that it has filed a registration statement on Form S-1 for a proposed follow-on public offering. The offering consists of 7.5 million shares of its common stock, of which 3.75 million are primary shares and 3.75 million are secondary shares. Proceeds from this offering received by the company are intended to be used to repay outstanding borrowings under Polypore's revolving credit facilit...
5/8/2008 9:00:00 PM
Business/Financial News (via PrimeNewswire)
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