car dealers financing their floor plans, page-2

Yes this is a hidden time bomb!
Basically only Esanda and St George left to finance dealers floorplan and I don't see either of these bank owned companies lending money for new floor plan in this
enviroment.The government is waffling about some form
of guarantee if the banks lend (floorplan )to dealers
but this is uncertain ....and if GMH,FORD go down in the
USA then the ripple effects here could be huge!