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Re: I-Glow post# 69843

Monday, 01/08/2024 6:25:34 PM

Monday, January 08, 2024 6:25:34 PM

Post# of 76695
Car dealerships typically get flooring credit lines to purchase vehicles and when sold they payoff the individual car loan. But with a unknown brand, no financial institution will provide a flooring line of credit, leaving Mullen to finance inventory for its dealers. Ford, Chrysler, GM cars are able to be easily liquidated, but a Mullen car, not so much.
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