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Transportation

Credit line is well received by the sector of car resales

This article was translated by an automatic translation system, and was therefore not reviewed by people.



SÃO PAULO - The funding for utilities for resale of used cars, approved in last Wednesday (11), was well received by industry. The president of Agenciauto (Vehicle Dealers Association of the Federal District), Sérgio Lúcio, if not completely resolve the segment at least help. "Obviously we are concerned, because the value often can not cover the sector as a whole, few companies can consider," believes.

Pike also said that the industry used to be important for the sale of new vehicles. He points out that most of the people who buy a new car using the used as input in the funding.

Credit Line
According to Agência Brasil, the credit line is approved resources of the FAT (Fundo de Amparo the worker) and initial resources of $ 200 million. Each company has financed a ceiling of $ 200 thousand.

"The concern we have is the way that will be done this type of loan, type of security, we need the term was a bit long for that really could give a condition for the merchant to the payment of installments," said pike.


Source: Infomoney

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This article was translated by an automatic translation system, and was therefore not reviewed by people.

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