Floor Plan Loan Definition What Does Floor Plan Loan

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Floor Plan Lending - OCC: Home Page
Floor plan lending is a form of inventory financing for a dealer of consumer or commercial goods, in which each loan advance is made against a specific piece of collateral. Items
What is Floor Plan Financing? Part 1. | Complete ...
Floor plan financing entails issuing loans which are issued against a particular piece of collateral — the item that’s being sold. It’s similar to an advance in that when the vehicle sells, the lender is repaid the loan amount, plus interest.
Floor Plan Financing | Moody Kiddell
Floor plan financing is a revolving line of credit that allows the borrower to obtain financing for goods the borrower sells. These loans are made against a specific piece of collateral (i.e. an motor vehicles, motor bikes, earthmoving machinery, etc.).

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