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Definition of Floor plan lending
1. Noun. (finance) Also known as wholesale lending, a form of retail goods inventory financing in which each loan advance is made against a specific piece of collateral. ¹
¹ Source: wiktionary.com
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1. Noun. (finance) Also known as wholesale lending, a form of retail goods inventory financing in which each loan advance is made against a specific piece of collateral. ¹
¹ Source: wiktionary.com