NADA Survey on Floor Plan Loan Availability
[I]WANADA Dealer Members Urged to Participate[/I]NADA is working with Congress, the Department of the Treasury and the Federal Reserve Board to expand the availability of financing for dealers to purchase vehicle inventory. It has already secured some through the Small Business Administrations (SBA) Dealer Floor Plan Financing Program, but that is just one step in its efforts to get a wider array of lenders to provide financing again. To do this, NADA needs to have a full picture of the difficulties dealers are facing in securing floor plan lines of credit and its impact on dealers. Please take a moment to fill out this all important survey.
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