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Isn’t this just throwing money after businesses that are likely going to close anyway?

April 26, 2017businesses going isn’t likely money throwing

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Isn’t this just throwing money after businesses that are likely going to close anyway?

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No. All loans will be made through SBA lenders to creditworthy dealerships that meet the lender’s and SBA’s requirements, demonstrate sound finances and have a viable business plan. In each case, the lender will have extensive capital at risk as these loans must be held on the lender’s books.