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.~ , <br /> <br />likely not permit them to meet these strict credit terms and they <br />will not be able to continue their manufacturing operations. <br />Moreover, if the Debtors are unable to obtain postpetition . <br />financing immediately, they face imminent irreparable Kann in <br />that vendors may be unwilling to provide supplies and customer <br />orders may not be completed, which could result in the material <br />deterioration or termination of the Debtors' business. <br />14. The Debtors believe that the proposed Financing <br />Agreements reflect the exercise of sound and prudent business <br />judgment. The Debtors maintained, between September 16, 1988, <br />and September 12, 1990, an $8,000,000 credit line, secured by <br />receivables, with Norwest Business Credit, Inc., of Minnesota <br />("Norwest"). Norwest declined to renew this credit line. <br />15. The Debtors have recently and over the past several <br />years contacted numerous potential lenders without success. <br />These lenders include Bank of America, Heller Financial, New <br />England Commercial Financial Corporation, Maryland National Bank, <br />Signal Capital Corporation, Foothill Capital Corporation, <br />Continental Illinois National Bank & Trust Company of Chicago, <br />Affiliated Bank Shares, United Bank of Denver, Colorado National <br />Bank, and Sterling National Bank, and have also explored the <br />possibilities of obtaining equity financing or financing through <br />mergers or joint ventures. None of these lenders has been <br />willing to make a loan to the Debtors because of the Debtors' <br />pension obligations and weak operating performance burdened by <br />16 <br />