Bank of Queensland Dealer Floorplan Line of Credit
Line of creditSecured
This product is offered by BOQ Finance, a leader in mid-market finance, that understands the diverse needs of asset-intensive sectors. The Dealer Floorplan Line of Credit supports dealerships, importers and resellers of motorcycle, marine, caravan, truck, agriculture and industrial equipment.
- Establishment fee
- Not published
- Monthly fee
- Not published
- Borrow
- Not published
Interest rate a year, from
Not published
Loan details
Rates
- Interest rate (a year)
- On application
- Rate type
- Not published
- Security
- Secured
- Type of finance
- Line of credit
Limits and fees
- Loan amount
- Not published
- Loan term
- Not published
- Establishment fee
- Not published
- Monthly fee
- Not published
Pros and cons
Pros
Nothing stands out.
Cons
- Secured against an asset. That usually keeps the rate down, but the lender can take the asset if you can't repay.