Auto dealer finance

- Credit purpose: Advance payment for car purchases, settlement of car purchases, or issuance of payment guarantees for car purchases.
- Collateral assets include: Cars financed by the loan; available inventory (including vehicles purchased from primary suppliers/dealers or from other sources); and other collateral as regulated by SeABank.
- Credit limit: Up to 80% of the total vehicle lot value.
- Repayment method: Interest paid monthly; principal repaid immediately upon fund receipt or at maturity, whichever comes first.
- Vehicle sales coordination for end users may include methods such as barter transactions or cash-in, stock-out, secured by a credit approval notice from SeABank or other financial institutions