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Old 08-19-2009, 02:02 PM  
Mr. Billy
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Join Date: Feb 2005
Posts: 467
I guess the point is that if a dealership is already on the edge of bankruptcy, there isn't much that is going to help. In order to participate the dealership would need to have some cash reserves as you would expect in any business. The plan intended to help viable businesses that needed a boost in inventory turnover, so that production could be boosted. It was not intended to rescue a business where the owner already has pen in hand ready to sign the bankruptcy papers.
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