Auto dealers have survived through up-and-down economic cycles, dealership acquisitions are on the rise again, the SAAR is in the 16.3 million-16.7 million range, and 2015 is projected to be slightly higher. All signs that point to the fact that the auto industry has made a strong comeback since the days of the great recession.
So now, more than ever, is the right time for lenders to strengthen dealer networks, and Jerry Bowen, executive vice president at Wells Fargo Dealer Services, has a few suggestions to keep in mind when creating a solid commercial lending program.
