Upcoming webinar to address credit, installment loans

The North American Trailer Dealers Association (NATDA) says the sixth in its year-long webinar training series has been scheduled for next month.

“Understanding the Similarities and Differences of Revolving Lines of Credit and Installment Loans,” presented by Priority One Financial Services’ Lauren Ebner, will take place at 2 p.m. ET on June 15, 2017. In this presentation, NATDA says attendees will learn what revolving lines of credit and installment loans are and their key similarities and differences. Furthermore, attendees will learn why they should incorporate each program at their dealership, discover whom to offer financing and when and, finally, how to stay compliant with ever-changing laws.

“Revolving lines of credit and installment loans are complex pieces to the finance puzzle. It’s important that dealers understand not only what they are, but how they affect their bottom line,” says Jesse Battle, NATDA executive director. “Lauren is someone with a lot of experience and knowledge and we’re glad she’s going to pass a bit of it off to our members.”

To register for Priority One Financial Services’ webinar, CLICK HERE.

Learn how to move your used trucks faster
With unsold used inventory depreciating at a rate of more than 2% monthly, efficient inventory turnover is a must for dealers. Download this eBook to access proven strategies for selling used trucks faster.
Download
Used Truck Guide Cover