Auto suppliers, secure repayment from dealers for vehicles with this
Flooring Agreement Promissory Note form.
- The auto dealer must execute the Note as security for payment of the purchase price of the vehicles.
- The Note uses the vehicles being supplied to the dealer as collateral.
- The debt to the supplier will be paid from the proceeds of the sale of the vehicles.
This
Flooring Agreement Promissory Note form is available as a MS Word download which can be customized to meet your business needs.