Floor Plan Inspections

The record of the collateral inspection should be maintained by the floor plan lender in the car dealer borrower s floor plan loan file.

Floor plan inspections. With this service clients can have a regularly scheduled accounting of their inventory as often as they desire. Csi can report on the status of the inventory e g. Our audit portfolio includes multiple captive automotive finance companies and major banks servicing their auditing needs throughout all 50 states and canada. Services include leased equipment inspections general site inspections business verifications commercial collections merchant cash inspections and franchise inspections along with a variety of asset and vehicle condition reports.

Provides financial institutions with an accurate accounting of their floor planned inventory. Our inspection services products are geared toward inspection and verification of collateral equipment and property. Provides a physical inspection of your borrower s place of business. If an inspection reveals that a vehicle that is covered by the floor plan loan is not at the dealership since it has been sold without the floor plan lender being notified then it is referred to as having.

Douglas guardian provides these inspection services to financial institutions manufacturers and other companies as a cost effective alternative to performing inventory inspections utilizing an in house staff.