Auto Dealer Floor Plan

Auto Dealer Floorplan is a credit line for dealers allowing them to purchase vehicles for sales, display in showrooms and for test drives.

Features

Type of Service

Provides quality financing supporting authorized new vehicle dealers and used vehicle dealers, giving them the credit resources to purchase vehicles for re-sale, thus enhancing opportunities for success.

Details

Eligibility

- Authorized new vehicle dealers and used vehicle dealers

Required Documents

Copy of national identification card and house registration of authorized official
Copy of national identification card and house registration of guarantor and spouse
Letter of consent to investigation of company creditworthiness
Copy of latest (within three months) company certification together with objectives
Memorandum of association, articles of association and shareholder registration
Financial statements covering previous three years(balance sheets, audited profit-loss

statements with notes)

Bank statements showing at least six months of transactions