U.S. Floorplan Risk Management

U.S. Floorplan Risk Management Inventory Audits A dealer's risk rating determines the scheduled frequency of on-site vehicle inventory audits: • Ford Credit engages a vendor to perform on-site vehicle inventory audits - Size of an Audit team varies based on dealer locations and complexity - Dealer group locations are typically audited same day · • Dealer generally does not receive advance notice of an audit Strict controls set how often the same auditor may lead a dealer's audit Ford Credit generally reconciles each audit the same day Immediate payment is required for any sold vehicle Ford Credit follows a robust quality assurance process to monitor the vendor's performance 84 Ford FORD CREDIT

View entire presentation