QUOTE(ycs @ Feb 9 2022, 09:31 PM)
Floor Stocking is a revolving credit facility extended to Panel car dealers for the purpose of financing the purchase of the dealers' motor vehicle stock
QUOTE(rooney723 @ Feb 9 2022, 09:32 PM)
bank got loan them money for cashflow, thats why they can buy cars in cash, and used car is a high profit margin business
each car they can earn rm10k at least, the least also rm5k per car for those hot models
recon cars even more untung
each car they can earn rm10k at least, the least also rm5k per car for those hot models
recon cars even more untung
QUOTE(diffyhelman2 @ Feb 9 2022, 09:47 PM)
Bro, telling people abt revolving credit facility for car dealers is not a huge secret reveal. They won’t lend to any tom dick Gary.
Thats why ayam wondering too why would banks simply loan money to any ah kow, ali, or muthu.
Feb 9 2022, 10:11 PM

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