Floor Stock Financing Loan
Own the Lot: Power Up Your Vehicle Dealership with OIC!
Your next inventory upgrade starts here. Are you a vehicle dealer looking for a better way to grow your inventory without draining your cash flow? OIC’s Floor Stock Financing Loan has got your back! This loan helps vehicle dealers grow their inventory.
Key Features:
- Purpose: To finance newly purchased units via auction or existing inventory for vehicle dealerships.
- Loanable Amount: Up to 85% of the unit’s value.
- Who Qualifies:
- At least 3 years of legitimate vehicle dealership operations.
- 2 consecutive years of profitable business.
- Good credit standing and no negative credit records.
- Accepted Unit Types: Brand new, reconditioned, surplus cars or trucks (up to 10-wheeler).