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Dealer Inventory Loans

Discover how OneLot's comprehensive car financing solutions can propel your dealership to new heights. OneLot’s dealer inventory loans are flexible and individually tailored for each car purchasing opportunity you have, enabling dealerships to grow their business effectively.

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Key Facts About OneLot Dealer Inventory Loans

OneLot’s dealer loans are designed to be as flexible as a dealer’s day-to-day operations. The loan amount is determined by the value of the car, and once the vehicle is sold, the loan can be repaid seamlessly.

1.75%

Interest per month, calculated daily

80%

Financing of car value

12 Months

Financing period with flexible repayment or refinancing options

Process to Get a Loan

We make accessing working capital simple and structured through direct coordination with our Sales and Credit teams.

01

Connect with Our Sales Team

Dealers begin by contacting their assigned Sales Manager to discuss financing needs and dealership details.

  • Share basic business information
  • Discuss funding requirements
  • Review eligibility criteria
02

Credit Assessment & Credit Line Approval

Our Credit Team evaluates the dealership using our data-driven credit model.

  • Business and inventory assessment
  • Third-party credit bureau verification
  • Pre-approved credit line determination
  • Once approved, the dealer receives a credit line valid for up to 6 months.
03

Submit Cars for Funding

When ready to draw funds:

  • Dealer proposes one or more vehicles for inspection
  • Vehicles are evaluated as collateral
  • OR/CR (or equivalent document) is submitted for safekeeping
04

Fund Disbursement

Upon completion of inspection and documentation:

  • Funds are released to the dealer's bank account
  • Disbursement timing depends on completion of required checks and approvals

Requirements

for dealers

For Dealers

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Business Details (Name, Address, TIN/DTI Certificate)

check

Personal Details

check

Bank Statement (last 3 months) (OPTIONAL)

for cars

For Cars

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Ideally Japanese or Korean manufactured

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OR/CR and deed of sale available

check

Car has no current liens, alerts or encumbrances

Get Started Today

We look forward to serving the needs of used car dealers across the Philippines and helping them thrive in this dynamic market.

Get Started