Dealer Finance
Finance Innovation at its Best
Auto and truck dealers need a finance partner who
understands their working capital needs. HSBC has
significant experience in this industry and offers Floor Plan
Lines of Credit which facilitate the purchase of new, used
and program vehicles (automobiles & trucks).
Advantages
- Protect your cash flow by matching your payments to your business cash flow.
- Relieve the pressure of short-term cash needs, allowing your business to grow.
- Release company cash resources for other uses.
- Enjoy an affordable repayment schedule for vehicles in inventory.
Choices and Features
- Any amount.
- Rates: LIBOR or Prime-based, fixed or floating.
- Electronic funding for vehicle purchases and payments.
- Multiple vehicle manufacturer franchises.
- Standard industry loan-to-value percentages.
Considerations
- Historical and projected business performance and cash flow.
- Business track record.
- Vehicle manufacturer franchises.
Your personal HSBC relationship manager will put together an innovative package that fully meets your business' needs, and provides you with the financing flexibility you require.
