What about the dealerships that Chrysler and GM have already cut? Floor plan financing won’t help them?
Across the country, small businesses in the auto-related sectors, from dealerships to parts suppliers and others, are going through a transition. In the case of dealerships, some will continue to be dealerships. Others will transition to other business models and offer different products and services.
The SBA offers an array of loan programs and other tools that may help these small businesses through this transition and these tough economic times. DFP financing is just one of those tools. Whether it’s another loan program or technical assistance to help them through this transition, SBA stands ready to work with small business owners and be the real partner they need at this critical time.