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Car retailer Sonic secures floorplan financing

29 January 2010

Sonic Automotive has entered into supplier financing agreement with a group of automotive manufacturers.

Read more: floorplan financing automotives US car dealerships supplier financing Banc of America Securities inventory financing

Sonic Automotive, has entered into separate credit arrangements for floorplan financing with each of BMW Financial Services NA, LLC; DCFS USA LLC; Ford Motor Credit Company; General Motors Acceptance Corporation; Toyota Motor Credit Corporation; and World Omni Financial...


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