Why use your existing bank lines to acquire vehicles? Consider our Commercial Line of Credit (CLOC).*
The convenience of credit
Open a CLOC and you’ll get the advantage of:
- Flexible terms
- No setup or non-utilization charges
- Available for retail financing, Red Carpet Lease and CommerciaLease
- Credit that frees up capital
- Availability of a combined billing statement
With our CLOC program, you can apply for a credit line starting at $250,000 and, once approved, you can add vehicles to your fleet whenever you need to, for up to 12 months.** Now you can be covered all year for all of your financing or leasing needs. No need to reapply every time you need a vehicle.
How to obtain
Contact your Ford dealer to get started. They'll obtain key information from you and provide it to Ford Credit. We will then reach out to you via DocuSign® to help expedite the process. You will have the option to use DocuSign to electronically receive and send required documentation.
Our knowledgeable commercial representatives are ready to assist you. As an added convenience, we can even come to your place of business.
*Subject to initial approval, ongoing eligibility and periodic reviews.
**Provided no material change in financial condition – initial approval is for up to 12 months.