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Sovereign Finance and Banking software supports multiple forms of wholesale lending allowing the financing of dealer stock on hand.
Bailment facilities enable finance companies to purchase stock on behalf of their clients, receiving payment once the goods are sold. Integrated with this in Sovereign is sophisticated curtailment functionality. Where a distributor or manufacturer is subsidising the deal to promote sales, this is fully automated and can be combined with the Sovereign campaign functionality.
Alternatively, floor plan lending can be created as a revolving credit facility secured over either a floating security pool or fixed security. |