dealer loan

(redirected from Dealer Loans)

Dealer loan

Overnight, collateralized loan from a money market bank made to a dealer financing his position by borrowing.

Dealer Loan

A loan to a dealer by a bank. Dealers take out dealer loans in order to finance inventory for their trades. Dealer loans are payable in 24 hours of receipt, and must carry collateral.

dealer loan

A short-term secured bank loan to a security dealer for the purpose of financing inventory.
References in periodicals archive ?
While the notes are backed by the receivables due from the auto dealer borrowers and the collateral of the borrower's portfolio of loans, they do not represent an ownership interest in the corresponding auto dealer loans or loan pools that VroomBank buys, their proceeds, or in the assets or equity of Braeger Auto Finance.
Moody's understands that following the transfer of Volvo dealer loans to
24 August 2010 - S&P said on Monday it has upgraded to "stable" from "negative" its rating outlook on New Zealand-based Avanti Finance Ltd, a midsize finance firm offering personal lending, motor vehicle dealer loans and short-term property loans.
Many bank loans and dealer loans now work by allowing you to defer paying back an agreed amount of the loan until the end of the loan period.
WFSv6 is a fully integrated, web native application that will support wholesale finance products, including new, used, demo funding as well as dealer loans and current accounts.
It appears that Thor used its capital to support its business with dealer loans and consumer lenders to support floor inventory and sales, and failed to properly account for these maneuvers.
Furthermore, dealer loans are plagued with well-documented markups, kickbacks and other abuses that cost consumers over $20 billion each year.
The CP issued by DCAT continues to be fully collateralized by dealer loans in addition to approximately $1.
The CP issued by CATD continues to be fully collateralized by dealer loans in addition to approximately $730,698 in cash accounts.
MMCA) is Mitsubishi Motors' North American captive finance subsidiary with a $4 billion portfolio of consumer loans and leases and dealer loans.
Consumer loans represented 31% of total loans at quarter-end, compared to 34% at the end of the third quarter last year, reflecting the sale of $10 million of indirect dealer loans in September 2004, which resulted in a nominal gain.
By joining forces, CenterOne Financial Services and CenterOne Remarketing Services will have the ability to offer third-party outsourcing capabilities for consumer vehicle loans and leases, as well as automotive dealer loans, including: