Recession Lessons for Mid-Market CFOs: Successfully Obtaining Loans in the New World of Credit
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Authors:
Howard Muson -
Publication Date:
September 2009 -
Report Number:
A-314-09-EA
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Even though signs of an economic recovery are emerging, recession challenges and a shutdown of easy credit have changed the lending world for CFOs of small- and mid-sized firms. If you want to land financing in the near future, show banks you are adapting your business plan to “the New Normal.” To generate extra cash, get back to basics on managing working capital.