In the wholesale automotive industry the dealerships (new and used car) frequently finance their inventory with an institutional line of credit. 100% of the wholesale purchase price plus fees is borrowed with an agreement for curtailment every X number of days until it’s sold and the loan is repaid. The dealer relinquishes the title to the floor planning company during the loan. This is an industry that most often operates based on trust. The workflow has tremendous friction and data is contained in silos not easily accessed.
I would like to begin a dialogue with someone considered to be a subject matter expert (SME) with the AAVE delegated credit product and determine if the use case outlined above applies.
Rick