Monday, September 27, 2010

Automotive News reports today that Obama signs bill to lift limits to $5 million on U.S. backed dealer loans.

Automotive News reports today that Obama signs bill to lift limits to $5 million on U.S. backed dealer loans. This is federally guaranteed loans available to thousands of small auto dealers.  Bailey Wood, spokesman for the National Automobile Dealers Association said “We still need banks to lend” Read more at Automotive News
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