Taylor President Seeks Support for Government Proposal
May 06, 2020
In an effort to preserve stock and strengthen the supply chain, Robert D. Taylor, Sr., President of Taylor is proposing that the United States Government provide a 12- to 18-month interest-free and principle-free floorplan arrangement for manufacturers. Similar plans are regularly available to car dealerships, equipment dealerships, and other retail outlets, while manufacturers must use traditional banking to finance their stock. A plan that will not work given the current economic situation. The hope is that the proposed floorplan arrangement would create immediate demand, saving jobs and strengthening the supply chain.
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