Getting your player ready...
Cash flow is king. Your lender needs to understand all monies coming in and out as well as your payment history and that of your customers. Better yet, show your lender exactly how you intend to increase cash-management efficiencies. Your lender also wants to see that you have sufficient cash to cover unexpected expenses or unforeseen events.
Tom Quindlen is president and chief executive of GE Capital, Corporate Finance and a GE company officer. The business provides a variety of loans and leases to midsize and large companies.
Jon Biorkman is vice president of GE Capital, corporate finance. Based in Denver, he and Doug Dent represent the business in the Mountain region.
