IN-STORE FINANCING: HELP BUILD REPEAT BUSINESS & LOYALTY
In-store financing can help bring customers back if you offer the right financing options. The wrong type of financing may actually drive customers away.
FTC Holds Forum on Small Business Financing
The Federal Trade Commission (FTC) held a forum that found, due to time restrictions, small businesses may not always choose the best financing tools for their needs.
Exit Planning: Strategies for Successfully Selling or Passing On Your Auto Body Business
Most business owners dream of either selling their company or passing it on to the next generation. Whatever the plan, the goal is a successful transition for all involved.
Auto Body Students Rebuild Police Cruiser Smashed During 2016 Cavs Championship Parade
Considering that it had been 52 years since Cleveland’s last major sports championship, the celebration that followed the Cavaliers’ 2016 NBA Finals win over Golden State was a peaceful one. But there was one casualty: a police cruiser parked near Quicken Loans Arena.
Live Oak Bank Announces New Lending Segment for Automotive Repair Shops
The vertical, which is Live Oak’s 16th industry-specific lending division, will lend to auto body shops, service and maintenance shops, tire centers, quick-lube stores and select auto-parts franchises, according to the company.
Building the Perfect Body Shop Owner
What traits and skills does the perfect body shop owner have? We set out to find out and build that person block by block.
Wells Fargo Plans to Compensate Car-Loan Customers Who Received Unwanted Auto Insurance
Citing an internal Wells Fargo report, the New York Times said the unneeded collision insurance pushed approximately 274,000 Wells Fargo customers into delinquency and led to nearly 25,000 wrongful repossessions.
Safelite AutoGlass Foundation Donates $525,000 in 2016 Impact Grants to Local Charitable Organizations
The Safelite AutoGlass Foundation 2016 Impact Grants, the giving arm of Safelite AutoGlass, has for the sixth straight year distributed impact grants in amounts of $20,000 or more to local charitable organizations.
Chubb Insurance Introduces Diminution in Value as Standard in All UK Personal Auto Policies
New coverage a market first in UK auto insurance.
US Senate Committee Addresses Tax Compliance
Five bills aim to alleviate burden for small business owners.