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Supply Chain Finance
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Buying Time for the Big Three

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Press

See these stories to learn why a Supply Chain Finance solution, backed by a federal guarantee, is a valuable option for the US automotive supply chain.
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February 17, 2009 – WSJ
GM Seeks $16.6 Billion More in U.S. Aid

February 16, 2009 – GM Plan
GM Plan (PDF)

February 16, 2009 – Chrysler Plan
Chrysler Plan (PDF)

December 16, 2008 – AP
Automakers fend off parts companies' cash demands

December 12, 2008 – Wall Street Journal
GM, Chrysler May Not Be Able to Pay Supplier Bills

December 12, 2008 – New York Times
Auto Suppliers Share Anxiety Over a Bailout

December 12, 2008 – Bloomberg
Chrysler Asked by 'Rogue Suppliers' for Cash on Bankruptcy Risk

December 11, 2008 – Bloomberg
GM Suppliers Said to Seek Payments in Advance as Cash Dwindles

December 12, 2008 – PrimeRevenue
PrimeRevenue Sees $50 Billion Benefit for Big Three and Suppliers With Government-Backed Finance Option

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"Supply Chain Finance provides a meaningful complement to solutions on the table today. Together with other government and industry initiatives, this approach directly can help the auto suppliers and the Big Three generate immediate working capital."
– James D. Robinson, III