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What is floor stock financing?

Updated: 9/18/2023
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9y ago

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Floor stock financing is the term used when an auto dealership obtains financing from a bank in order to buy new vehicles for their lot. This is usually a short term loan and is repaid as the vehicles are sold.

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Related questions

What is floor-stock financing?

Floor stock financing is the term used when an auto dealership obtains financing from a bank in order to buy new vehicles for their lot. This is usually a short term loan and is repaid as the vehicles are sold.


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