Growing up in the family business meant that Robb Vanderloop, CFO and Co-Owner of Vanderloop Equipment, saw first had the challenges the dealership faced during the downturn of the 1980s. Seeing how his father handled those trying times taught Robb the importance of building equity and maintaining a positive relationship with the bank should another downturn happen.
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The Dealership Minds video series is sponsored by Claas.
Years with Organization: 40
Role: Financial and expense management and cashflow, plus navigating insurance, bank relationships and manufacturers.
Quotable: “There are 100 different ways to get to the same bottom line. At the end of the day, we all must end up with an acceptable net of sales to reinvest in this business.”
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