Summary
FCA Holdings Limited (FCA) proposes to introduce a program to offer selected motor vehicle dealers a reduced interest rate on wholesale motor vehicle financing on the condition that Macquarie Leasing will have a first right of refusal to offer motor vehicle financing to the dealer's retail customers. Dealers will process retail financing agreements with customers and will generally receive a bonus, fee or commission from Macquarie Leasing. To participate in the program, dealers will need to enter into or have entered into a Retail Financial Services Agreement with Macquarie Leasing, pursuant to which they will become Macquarie accredited dealers.
