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How to Present Your Portfolio to Receive the Most Floor Planning Dollars
2013-10-08 09:00:41| AutomotiveDigest.com - Automotive Industry News
The automotive industry is very unique in that it is one of the few industries where commercial loans are abundant and relatively easy to qualify for. Whether you are just starting, out or you are looking to shift your business into the next gear, it is likely you will be able to find the capital you need to stock your dealership. Although there is a good chance you will be able to acquire a floor plan line of credit, the size of that line of credit will vary depending on your business needs and your overall portfolio snapshot. Floor Plan 101: The Basics First and foremost, to qualify for a floor plan you need to have credit. Specifically, you should have a history of utilizing and repaying debt. Bad credit and hiccups on your credit history arent always deal-breakers, but they will likely reduce the amount you qualify for. Additionally, there is a good chance that credit issues will have a negative impact on your pricing structure. The good news is that over time, with good performance coupled with adherence to the terms and conditions, you can eventually overcome these setbacks. It is also important that you are not over-extended. If your credit cards are all maxed out, that is a potential red flag even if you have not paid late. Handling your available credit responsibly is essential, so be sure to maintain a substantial amount of available credit. Keep reading to get started! The Article How to Present Your Portfolio to Receive the Most Floor Planning Dollars appeared first on Automotive Digest.
Tags: present
receive
planning
floor
How to Present Your Portfolio to Receive the Most Floor Planning Dollars
2013-10-05 21:53:34| AutomotiveDigest.com - Automotive Industry News
The automotive industry is very unique in that it is one of the few industries where commercial loans are abundant and relatively easy to qualify for. Whether you are just starting, out or you are looking to shift your business into the next gear, it is likely you will be able to find the capital you need to stock your dealership. Although there is a good chance you will be able to acquire a floor plan line of credit, the size of that line of credit will vary depending on your business needs and your overall portfolio snapshot. First and foremost, to qualify for a floor plan you need to have credit. Specifically, you should have a history of utilizing and repaying debt. Bad credit and hiccups on your credit history arent always deal-breakers, but they will likely reduce the amount you qualify for. Additionally, there is a good chance that credit issues will have a negative impact on your pricing structure. The good news is that over time, with good performance coupled with adherence to the terms and conditions, you can eventually overcome these setbacks. It is also important that you are not over-extended. If your credit cards are all maxed out, that is a potential red flag even if you have not paid late. Handling your available credit responsibly is essential, so be sure to maintain a substantial amount of available credit. Keep reading to learn about getting started. The Article How to Present Your Portfolio to Receive the Most Floor Planning Dollars appeared first on Automotive Digest.
Tags: present
receive
planning
floor
Eli Lilly accused of spending millions of dollars to bribe doctors in China
2013-09-03 15:16:56| Biotech - Topix.net
Nearly every major pharmaceutical company is now facing criminal charges for breaking the law somewhere in the world, with Eli Lilly and Co.'
Tags: china
dollars
millions
spending
India to sell dollars to oil firms
2013-08-29 07:33:09| BBC News | Business | UK Edition
India's central bank says it will sell US dollars to the three state-run oil firms in its latest attempt to stem the decline in the Indian rupee.
Beef Demand And the Checkoff: Fewer Dollars, Greater Need
2013-08-22 16:25:00| Beef
Beef demand is a moving target, with a remarkable number of factors that influence a consumers ultimate purchasing decision. The question is, in an era of shrinking beef checkoff dollars, which of those moving parts should the beef industry target? read more
Tags: need
greater
dollars
demand
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