Bank Reference Letter Dealership Name:  ___________________________ Owner Name : _______________

Bank Name: _____________________  Account # ___________ ABA # : __________         

Bank Address: __________________________________________________________  

 

Attention Credit Department or Officer:

The aforementioned Dealership has listed your bank as its principal banking reference:

We require dealers who do business with Deanco Auto Auction Montgomery establish their financial responsibility.

We would be grateful if you would check mark below your estimate of this account.  This information will be kept strictly confidential and will be used only for our purposes.  Please return this letter directly to Deanco Auto Auction Montgomery.

 

Customer has been banking with you since:  ____________________________________

 

Types of Accounts Held:                          Regular Account                       Account is

                                                               Special Account                         Satisfactory

                                                                Loan Account                            Unsatisfactory

 

The Customer is:                                    A valued customer with a good reputation.

                                                                Honest and reliable, but limited capital resources.

                                                                Unknown to us.

                                                                A new customer- our experience is limited.

 

Average balances for six months are:      Small                                       3 figures

                                                                 Medium                                   4 figures

                                                                 Large                                       5 figures

                                                                                                                 6 figures

 

Insufficient Checks or Drafts :                 Does Issue  How Many?  ____  Does not Issue

 

Maximum Credit recently extended:       $_______________________Secured

                                                                 $_______________________Unsecured

Do you Floor plan this customer?              Yes         No

Floor Plan Line:                                        $____________New  $_____________Used

Floor Plan Outstanding:                            $____________New  $_____________Used

Do you accept their drafts? Yes   No     Are all draft picked up within 48 hours? Yes   No

Physical Address of bank sight for Draft:  ______________________________________

Remarks: _______________________________________________________________

Signature of Bank Official:______________________ Title: ______________________

Printed Name: _______________________________ Date: ________ Phone: ________

Thank you for your assistance!


Home