Disbursements are made by prenumbered check. The company projects cash-flow needs 1. Payrolls are met without problems. Money is set aside for expansion, emergencies and opportune purchases. Short-term financing is used when needed.
Line of credit is established with a bank.
The company understands the role of financial planning in today's highly competitive lending markets. The owner's personal resume is prepared and current. Personal financial statements have been prepared. The business has a written business plan. Source and use of funds statements exist for the past two years, with a projection for the next two years.