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.
1.8%
Interest per month, calculated daily
70%
Financing of car value
90 days
Financing period with flexible repayment or refinancing options
Process to get a loan
Step 1
Effortless Onboarding
OneLot onboarding is easy and straight forward onboarding process. We only require a few documents and after a few days you can get your first loan.
Step 2
Simplified Loan Applications
Once onboarding is complete, applying for individual car loans becomes a breeze. Just upload the details of the car and documents and we come back to you within minutes with a first credit indication. Afterwards we schedule an inspection and provide you with the final loan amount and conditions.
Step 3
Quick Access to Funds
When your loan application is approved, OneLot swiftly transfers the funds needed to acquire new cars and grow your inventory. Our efficient disbursement process allows money to be on your account instantly and ensures you can seize opportunities and stay ahead in a competitive market.
Requirements
For Dealers
Business Details (Name, Address, TIN/DTI Certificate)
Personal Details
Bank Statement (last 3 months) (OPTIONAL)
For Cars
Ideally Japanese or Korean manufactured
OR/CR and deed of sale available
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.