You have been hired as consultants to research, report and present to a senior management team interested in what is currently happening in the Caribbean market, over the last three years. The senior management team would like guidance based on the two scenarios presented below. This guidance should support their strategic policy decisions over 2-3 years. You are advised to make assumptions where necessary, based on your expertise as consultants in credit analysis and lending. Gateway has a strong history of serving customers as Corporate Investment Managers in St. Lucia, St. Vincent and the Grenadines, St. Lucia and Trinidad. It is interested in strengthening its relationship with Entrepreneurs in these countries by providing lending services. Gateway recognizes the need and demand for financing of Small Medium Enterprises. However, the Gateway management team realized that before it could scale up the capacity of its financial services department and introduce new lending programs, it needed strong credit and lending policies and procedures in place. To date, Gateway has no loan policies or procedures for Small Medium Enterprises. Based on the scenario, in relation to the countries stated: (a) Give an analysis of how the critical requirement, namely, creditworthiness and, asset or collateral can determine the success of small, medium enterprises. (b) (i) Discuss the importance of a business plan (ii) Analyze the likelihood that a small to medium-sized business will be successful in obtaining a credit facility with a thorough business plan and the extent to which the business plan can help lenders assess the likelihood that the small to medium-sized business will be able to repay the credit facility (c Discuss the importance of strengthening Gateways relationship with Entrepreneurs in these countries by providing lending services.