ttb floor plan financing

Floor plan is a credit limit for car dealers to enhance their business's liquidity, which consist of 2 types as following:-

  1. Credit limit for new car dealers. There is a maximum loan repayment period up to 360 days, with the repayment of the principal in accordance with the bank's terms or when selling the car.
  2. Credit limit for used car dealers. There is a maximum loan repayment period up to 180 days, with the repayment of the principal in accordance with the bank's terms or when selling the car.
Benefits
  1. Increase working capital and enhance business's liquidity.
  2. Able to withdraw the loan immediately when needed by submitting a withdrawal request form and related documents to the bank.
  3. Able to repay any time in order to save interest cost for your business.
Conditions
  1. Juristic persons operating car dealer business in Thailand.
  2. Must not be in debt to NPL that has not been restructured.
  3. Must not have a history of litigation.

Remark: Other qualifications shall be as specified by the Bank.

Document Required

For Juristic Persons :

  1. Copy of ID card and house registration
  2. Copy of the spouse's ID card and house registration
  3. Copy of marriage certificate
  4. Copy of certificate of name change - surname (if any)
  5. Company registration certificate and list of shareholders
  6. Copy of bank statement for the past 6 months
  7. Financial statements for the past 3 years (In the case of Dealer)
  8. Report on business balance
  9. Other documents as the Bank deems appropriate