학술논문
Don't grow it alone.
Document Type
Article
Author
Source
Subject
*Automobile dealers
*Motor vehicle fleets
*Bankruptcy
*Tax liens
*Cash flow
*Truck industry
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Language
ISSN
1533-7502
Abstract
The article discusses the importance of having a good plan and a good relationship with the truck dealer in expanding the fleet of carrier. It cited the red flags that can kill financing deals such as association with a past bankruptcy, unresolved tax liens and slow payment history. It also suggested that dealers and lenders should be provided with forward-looking profit-and-loss and cash-flow forecasts and narrative detailing on how to fill the new trucks profitably and handle the growth.