Insufficient funds <a href=" http://www.grasmerehotel.com/conferences/#ads ">commerce loans</a> "It was nice to see their free cash flow was positive in the quarter. That was probably the biggest positive in the quarter. Three of their last five quarters had negative free cash flow," said Jonathan Pavlik, a portfolio manager at Steward Capital. "In light of their recent downgrade, it was also nice to see them cut their debt."