Proton ties up with Funding Societies

The collaboration will provide credit facilities for Proton dealers to finance the purchase of cars for floor stocking.

FUNDING Societies, South-East Asia’s largest small and medium enterprise digital financing platform, is collaborating with national carmaker Proton Holdings Bhd to provide credit facilities for its dealers to finance the purchase of cars for floor stocking. Funding Societies Malaysia country head Chai Kien Poon in a statement said: “With Funding Societies’ revolving credit facility, Proton’s dealers can tap into that growth by increasing their inventory for sale across by increasing their floor stocking inventory of used cars.”

Proton Edar general manager Wan Ahmad Fadzli Wan Mustafa said: “Via the dealer financing service of Funding Societies, our dealers can finance the purchase of floor stocks to enable the trade-in transaction.”

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Proton partners with Funding Societies to provide credit facility for dealers to purchase floor stocks - paultan.orgProton is collaborating with Funding Societies (FS) for the latter to provide credit facilities to Proton dealers, who can use the cash to finance the purchase of cars for floor stocking. Founded in 2015 and …
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