Consumer Finance

SBA to Expand Eligibility for Auto, RV, and Boat Floor Plan Loans

June 1, 2009

In early may, the SBA expanded eligibility for its 7(a) loan guarantee program. On May 29, the SBA announced a pilot program to, for the first time — provide eligible car dealers with government-backed lines of credit to finance their automobile and RV vehicle inventory. SBA 5.28.09 Press Release

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Consumer Finance

SBA to Expand Eligibility for Auto, RV, and Boat Floor Plan Loans

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