Bank profile
Institution
Meridian Community Bank
Location
Louisville, KY
Charter number
KY-40821
Program officer
D. Okafor
Credit officer
Program terms
Auto Floorplan · 2024
Auto Floorplan · 2024
Segment
Retail
Retail units only
Advance rate
90%
of dealer cost
Interest rate
9.25% APR
Curtailment schedule
10% every 90 days
Maximum days on floor
270 days
Dealer limits
1 dealer
1 dealer
CARite of Louisville
$1,150,000
Active · review 2025-03-31