This is offered to new, used, reconditioned, and commercial vehicle dealers for the purchase of motor vehicles stock.
A blanket line of financing up to a certain limit offer to borrower / customer to acquire machinery/equipment/vehicles.
A short-term credit facility to finance the purchase of motor vehicles stock by dealers.
Margin of finance
Up to 100%
Loan period
Up to 90 days
For motor dealers, and credit and leasing companies related to hire purchase and leasing activities.