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Having suitable inventory levels with a proper mix is one of the most important principles of the automotive business. Scotiabank offers a premier Floorplan Financing Program with competitive features:
- flexible credit limits to accommodate seasonal needs, market fluctuations, model year build out with no flat charges
- volume-driven interest rates
- online Internet access to your Floorplan Inventory with online payments
- delayed payment plans on fleet sales
- flexible plans for "Special Use" vehicles
- program "Cap" vehicles at new Floorplan loan rate
- bulk payments accepted to reduce interest costs
- detailed reports available in the first week following each month-end
Optional Insurance
Our industry leading Floorplan Insurance program is available as an option to all Scotiabank flooring loan dealerships and includes:
- comprehensive coverage assessed on a month-end balance
- low rate premium options available
- rate discounts available for post protection
- no premiums for Drive Away coverage or vehicles paid out during the month
- used Vehicle and Blanket or Individual Collision options available
- exclusive loss prevention surveys and guides available to individual dealers
For more information, please contact your local Dealer Finance Centre or e-mail your questions and comments to automotive.mail@scotiabank.com, where your query will receive our prompt attention.
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