Dealers authorized to sell and distribute Volvo Group products increasingly rely on VFS to provide them with financial services. VFS markets a variety of financial services to the dealer bodies of the Volvo Group´s trucks brands (Volvo, Mack and Renault) as well as its construction equipment dealers. These services are designed to deliver value and lower dealership operating costs.
Asset-based dealer financing includes:
- Inventory loans (floor planning)
- Real estate loans
- Working capital loans
Other areas where we assist dealers include business insurance lines, portfolio management, retention and referral of customers, and used product remarketing, among others. E-commerce applications are increasingly being offered to help our dealers simplify business processes. Dealer services vary by market.