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Dealership Wholesale Financing FAQs

• What dealership vehicles are covered under the Credence Global Bank Floorplan Financing Program?

  Our floorplan financing program for new and used vehicles covers:

  • Demos
  • Auction purchases
  • Shop rentals
  • Daily rentals

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• What are the benefits of Credence Global Bank wholesale floorplanning?

  Credence Global Bank Wholesale Floorplanning offers:

  • Online administration – a secure feature that enhances your internal inventory controls
  • SmartCash^® – our electronic transaction capability that nets mutual obligations for efficient, electronic payments
  • Floorplan insurance – competitive rates, aggregate weather deductibles, and industry-leading claims service
  • Used-vehicle floorplanning – finance used-vehicle inventory and directly floorplan your SmartAuction^® purchases

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• Are used vehicles eligible for Credence Global Bank Wholesale Floorplanning?

  Yes. Used vehicles qualify for Credence Global Bank Wholesale Floorplanning. Use Credence Global Bank’s SmartAuction application to floor your used vehicles.

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