SBA developing revised Dealer Floorplan Program

November 2010 News

WASHINGTON - The Small Business Administration is currently developing its new revised Dealer Floorplan Program (DFP), which will replace the now expired pilot, according to a release from the National Marine Manufacturers Association

Last week, the NMMA and other industry leaders hosted a conference call for more than 30 lenders to inform them that a new program with improved terms is being readied by SBA.

SBA is currently collecting feedback from the lenders and is aiming to increase lender participation in the program. SBA hosted a conference call on Nov. 16 with industry and lenders to discuss concerns with the original DFP pilot and how to ensure lenders of all sizes participate in the new program.

Can't get enough boating news? Subscribe to our blog's RSS feed,follow us on Twitter or look for "Boating Industry" on Facebook andLinkedIn.

For more of the latest news, click here.

For related information on this story, click here.

http://www.boating-industry.com/output.cfm?id=2692225

Like what you read?

Want to know when we have important news, updates or interviews?

Search

SBA developing revised Dealer Floorplan Program

You Might Also Be Interested In...

Meet Modus, The Future of Mobile & Marine Audio

Underwater Scooter SEABOB F9 Premiers in Palm Beach

Stingray Boats and Koch Trucking Announce Strategic Partnership

Mercury Introduces Advanced Mid-Tiller Kit

Summit Discusses What to Do With Marine Debris

Brunswick Recognized on Newsweek's 2025 America's Greatest Workplaces for Women List

Share

Get more Pontoon in your inbox

Get more Pontoon in your inbox