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Revolving Loan Floorplan

​​​​​​​​​​​​​​​​​​​​Short-term loan
for a car dealership

Easy loan, no double taxation.

 
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Key Features

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How to Apply​​

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Although a loan is taken out, the car is still yours.

Easy to sell, no ownership transfer needed.


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No double taxation on transactions.

With the process of checking a stock car based on the loan.


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Repayment Options

 

When car is sold.

 

When loan is due.


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How to Apply

Qualifications
  • Corporate customers with a sales turnover of more than THB 50 million and qualified according to the bank's credit policy
Required Documents

Business Corporations

  • A certified copy of the partnership registration (issued within the past 3 months)
  • Copy of the company Memorandum of Association and Articles of Association (issued within the past 3 months)
  • Copy of the juristic person’s tax identification card
  • Copy of the personal income tax payment certificate
  • Minutes of the company board meeting agreeing on a resolution to request a loan and to open an account with the bank
  • The latest financial statement submitted to the Revenue Department
  • A bank statement from a financial institution showing the past 6 months' history of transactions
  • Photocopies of documents evidencing ownership rights to the property
  • A sales-purchase contract or deposit contract (if any)​

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Frequently Asked Questions

What is the penalty for late loan repayment?

Delay payment shall be calculated with a default rate of 15% / year.

Can the date for repayment be rescheduled?

Clients must repay the loan within 2 business days, counting from the day clients are able to sell a car.

In the case where the car is unable to be sold, clients must repay the loan on the schedule set for each car. All in all, the duration must not exceed 180 days.

What is the maximum authorized loan limit?

This depends on the qualifications of a borrower and a guarantee.


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