Leveling with your lender – Don’t let a short debt supply cause you to miss out

Description

Abstract: The recession and its aftermath have made loans scarce for all businesses, but especially for auto dealers: Manufacturers have scaled back on floor plan offerings, and traditional lenders have shied away from dealerships amid reports of bankruptcies and meager sales. But loans are available for the diligent and the disciplined. This article shows ways that dealers can make their business attractive to prospective lenders.