U.S. Floorplan Risk Management
U.S. Floorplan Risk Management
Ford Credit Monitoring Actions
If Ford Credit discovers any issues when monitoring a dealer, it may:
•
Increase frequency of on-site vehicle inventory audits or schedule an immediate on-site vehicle inventory
audit
Require curtailments, or monthly payments, on aged vehicle inventory
•
Suspend credit lines
•
Verify cash balances and organizational structure
Assign Ford Credit dealership accounting specialists to perform an in-depth review of the dealership and
validate the accuracy and completeness of financial statement(s)
•
Meet with owners/guarantors
Increase risk rating to trigger more extensive monitoring
Discuss with Ford or Lincoln sales division to ensure an aligned approach
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Ford FORD CREDITView entire presentation