No doubt this are not easy times to get into automobile business. There are thousands of automobile business closing their doors every day. Even the big three seem to be doomed. Who in it’s right mind would go into automobile business in this days?

Well my friend wants to. He wants to start making hot sports cars. He wants to develop his own brand and have Discovery channel come and do a show on him. Obviously this is not easy and it requires a lot of money. He has some money saved, but he will also need best business loans and financing. 

I told him it might be almost impossible to get good business financing leads this days, since money is tough to get due to credit crunch. He will try anyway since he feels that recession is the best time to start a new business.