Carbase provides an AI‑driven inventory factoring platform for used‑car dealers and licensed auto traders, allowing them to convert the value of unsold vehicles into immediate cash without giving up ownership. The service delivers financing decisions in under ten minutes and disburses funds within three business days, with repayment automatically tied to the vehicle’s sale, helping dealers maintain cash flow and maximize sales opportunities.
Funding
Funding not disclosed
Founders
Product
Problem
Used‑car dealers often struggle with cash‑flow gaps because they must purchase inventory before they can sell it, and traditional loans are slow, require collateral, or are denied based on credit history. This limits their ability to seize purchasing opportunities and hampers overall market efficiency.
Solution
Carbase offers an AI‑driven inventory factoring service that lets dealers convert the value of unsold vehicles into immediate cash without relinquishing ownership. By analyzing market data for each vehicle, the platform provides a financing decision in as little as ten minutes, and funds are transferred within three business days. Repayment occurs automatically after the dealer sells the vehicle, aligning cash outflow with revenue. The service is available to both corporate dealers and licensed individual traders, and it supports a wide range of transaction documents, enabling flexible sourcing and unrestricted sales channels.
Target Audience
Primary customers are used‑car dealerships and licensed individual auto traders in Japan who need fast, flexible financing to acquire or hold inventory.
Features
- AI‑based valuation of each vehicle, delivering financing offers up to 90% of the estimated market price
- Rapid underwriting with decisions in under ten minutes and fund disbursement within three business days
- Factoring model that ties repayment to the actual sale of the vehicle, preserving dealer cash flow
- No requirement to sell the inventory; dealers retain ownership and can choose any sales channel (retail, wholesale, export excluded)
- Supports various transaction documents (sales contracts, AA settlement sheets, invoices) for flexible sourcing
- Available to both corporate dealerships and licensed individual traders, including those with limited credit history