Floor Plan Finance
Same Day Draw-down
180 day payment terms
Ongoing facility
FLOOR PLAN MADE EASY
PRODUCT OVERVIEW
WHAT IS FLOOR PLAN ?
Floorplan finance allows Dealers to increase their annual sales by holding more stock on better payment terms.
WHY USE FLOOR PLAN ?
Get more stock now, pay for it once it is sold to your customer.
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WHO CAN GET FLOOR PLAN ?
Any registered supplier of Motor Vehicles, Boats, Motorbikes, Caravans, Campers and Yellow Goods or Farming Equipment.
HOW MUCH CAN I GET ?
Minimum amount $250,000 up to a maximum of $3,000,000
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ELIGIBILITY CRITERIA
FOR FACILITIES BETWEEN $250,000 - $3,000,000
ABN & GST Registration more than 12months.
(Continuity of ABN accepted)
Company & Director(s) Credit File above 500
(veda 1.1 score)
APPLICATION DOCUMENTS
Required documents for approval
Bank Statements Via Bank Statements.com
Year to date management accounts
Previous Year Accountant prepared financials
Accounts Payable Ledger
Accounts Recievables Ledger
ATO integrated Client Account
RATES & FEES
Required documents for approval
INTEREST RATE | DOC FEE | PPSR FEE | LINE FEE |
|---|---|---|---|
From
6.0% p.a.*
From
750 + GST
$20
per lodgement
From
0.50% p.a
* only payable on drawn down funds
DRAW
DOWN
WITH EASE
Drawdown the funds you need when required with our revolving facility. Receive your funds when you need it most with same day funding and be confident with our easy to use online portal.
GET APPROVED
FAST
Approvals in 72 hours. Simple documentation requirements and an easy online portal. Dealer finance made easy!
PAYMENT TERMS UP TO 180 DAYS
Purchase stock today, and pay for it up to 180 days later
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Never have to miss another opportunity again.
GIVE US A SHOUT
Call: 1300 031 264
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Email: hello@driveon.finance
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Visit: 1 Homebush Bay Drive, Rhodes NSW 2138
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Drive On Finance Pty Limited
ABN: 77 608 377 859
Australian Credit Licence: 510 399
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