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Retail floor planning (also referred to as floorplanning or inventory financing) is a type of short term loan used by retailers to purchase high-cost inventory such as automobiles. These loans are often secured by the inventory purchased as collateral. [1] Floor planning is commonly used in new and used car dealerships. [2]
Take out a personal loan. Personal loans don’t require collateral, which means that you don’t risk losing your RV or home if you default. These types of loans can be helpful if you want to buy ...
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Sunline Coach Company was a manufacturer of recreational vehicles, truck bed caps, and household storage sheds from 1964 to November, 2006. Vehicles were primarily built at a production facility in Denver, Pennsylvania , or at a smaller location in Leola .
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Great Dane, formerly known as Great Dane Trailers, is a Chicago, Illinois based manufacturer of truck dry van, refrigerated van and flatbed semi-trailers.Established in 1900 by J.P. Wheless and T.H. McMillan as the Savannah Blowpipe Company [1] in Savannah, Georgia, it has gone on to become one of the world's largest manufacturers of commercial truck trailers.
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The rest of the loan's balance (called "holdback") [1] is given to the builder upon the achievement of certain milestones related to the sale or lease of its residential space. [2] For example, a bank may advance 80% of the balance of a property loan to the builder, and release the remaining 20% upon the successful construction lease or sale of ...
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