U.S. Floorplan Risk Management slide image

U.S. Floorplan Risk Management

U.S. Floorplan Risk Management Dealer Status Procedures (Cont.) If Ford Credit does not believe that a dealer can resolve a status situation, Ford Credit will: Liquidate vehicles and any available secondary collateral to obtain greatest value Continue collection efforts against personal and corporate guarantors Should liquidation be necessary, inventory is disposed through the following channels: Transfer of vehicles to other dealers Repurchase by manufacturer and redistribution to other dealers Sale of vehicles at auction 87 Ford FORD CREDIT
View entire presentation