Dealership Lines

As a motor trader, you are expected to keep a variety of vehicle brands, models and styles to cater to your customers' diverse needs. Let Maybank help you keep your showroom well stocked while optimising your working capital.

Choose from Maybank's Specialist Financing – Dealership Facilities.

Block discounting

With this revolving credit facility, you can request at any time for Maybank to purchase the Contract Rights and Goods in respect of any hire purchase agreement. You can then offer your customers hire purchase schemes that you administrate yourself, while using the hire purchase agreements to obtain working capital. Block discounting benefits you in these ways

  • Offer easy payment terms to your customers
  • Increase your working capital
  • Improve your cashflow
  • Increase sales
  • Improve rapport with your customers

Agency

Alternatively, your company can become one of Maybank's agents. We will offer hire purchase terms to your approved customers and you can choose to collect the payments yourself, or let your customers pay Maybank directly. Either way, you have the option to

  • Offer credit to your customers
  • Increase sales
  • Increase your working capital
  • Improve your cashflow
  • Reduce risk
  • Reduce administrative work
  • Improve rapport with your customers

Floor stocking

You can use this short-term revolving facility to finance existing stock of new or used vehicles. This ensures that your cashflow stays healthy because you are not tying up large amounts of working capital in showroom stock. This benefits you as you can

  • Increase sales through a wider choice and larger stock of vehicles
  • Increase your working capital
  • Improve your cashflow

Online Certificate of Entitlement (OCOE) financing

Motor traders of new cars can also apply for a revolving OCOE financing facility which allows you to bid for your customers' COEs through our proprietary online bidding system. Benefits include

  • Improve cashflow
  • Low bidding fee
  • Enhanced customer service

To find out how to drive your business further with Maybank, make an appointment with us today.



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