Treasury Backs Auto Supplier Receivables up to $5 Billion: What are your options?

Today the US Treasury announced that they’ll use up to $5 billion in TARP funds to guarantee auto suppliers’ receivables, thus unlocking the liquidity needed to keep the supply chain flowing to GM and Chrysler…AND by extension, the other OEMs since they all share the same web of suppliers. The long awaited move (well, “long awaited” if you’re a supplier or OEM on the brink of financial collapse...