ASA Tire Systems reports response to its $1 million Tire Dealer Bailout Program continues to grow.
Three weeks into the program, which awards grants to dealers for funding improvements to their technology infrastructures, roughly 15% of the fund has been awarded.
Nationwide, almost 150 independent tire dealerships have submitted grant requests and are currently being considered for funding, ASA officials report. The monies are in the form of grants, which do not have to be paid back.
Dealers interested in applying for funding still have time and can do so by speaking with their ASA representative or by visiting the company's Web site to fill out an application: http://www.asatire.com/bailout.
Wayne Croswell, president of ASA Tire Systems, says, “I am ecstatic with the early response to our Tire Dealer Bailout Program. We have received almost 150 applications and they continue to come in on a daily basis.
"I am humbled by the various applicant’s situations and hardships across the United States. When we decided to launch this bailout program, we hoped we could get the American spirit to band together and rise again, and help get our industry out of these difficult times. I think this program has awakened that great American spirit within our industry, and I am convinced more than ever that together we will play a significant part in the economic recovery.
"I am glad to see that others in the industry have stepped forward to play their part as well. I hope to see more companies do whatever they can to contribute to this economic recovery.”
