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Understanding Floor Stock Financing in Singapore
Floor stock financing provides car dealers with short-term credit to purchase vehicles and expand car inventory. This short-term financing solution allows car dealers to repay the loans as the vehicles are sold, ensuring flexible and efficient inventory management.
Key Aspects of Floor Stock Financing
- Line of Credit:
By having a line of credit, dealers can continuously draw funds to buy new inventory and repay the loan as the inventory is sold.
- Flexible Repayment Terms:
Repayment terms are often flexible and tied to the sale of the financed inventory. This means dealers repay the loan when the vehicles are sold, aligning repayment with cash flow.
- Quick Access to Funds:
The application and approval process for floor stock financing is usually streamlined, allowing dealers quick access to funds to replenish their inventory as needed.
- Enhanced Purchasing Power:
Floor stock financing increases a dealership’s purchasing power, enabling them to take advantage of bulk purchasing discounts and special promotions from manufacturers.
Our seamless application process and swift approvals make acquiring floor stock financing a breeze. With our support, car dealerships can focus on what they do best – providing exceptional vehicles and exceptional service.
Why Tembusu Floor Stock Financing
Lowest & Exclusive Interest Rates
Speedy Loan Approval
Highest Loan Quantum
Fast & Fully Guided Process
No Additional Charges
Find out more about our Floor Stock Financing
We will answer your questions and guide you through our application process.
