Bentley’s $6.7 billion loaner deal with Ford is an example of how the automaker’s business model is changing.
Bentley and Ford are in a partnership that is worth nearly $9 billion.
Bentley plans to sell its entire brand in 2019, but the automaking giant will only sell off parts of its portfolio.
Bentley will sell its Bentley Continental GT, the Bentley Continental SUV and a number of other cars to Ford, which plans to invest $10 billion in the company in 2019.
Bentley said it expects to make a profit on the loaner deals, which it expects will add $3 billion to its operating cash flow.
The automaker said it will sell about 60 percent of the $6 billion to Ford over the next 10 years, which would add to its current cash reserves of about $1.5 billion.
The $6,500 loan from Bentley to Ford is the first major purchase by the carmaker of a Bentley in 20 years.
The move comes as Bentley has seen a drop in sales as the company struggles to compete with luxury brands like Porsche and Mercedes.
The company reported a $1 billion loss in 2019 and will have $7.3 billion in debt by the end of 2021, according to a recent report from the consulting firm Autotrader.
Bentley, which is building a new factory in Mexico, said it plans to hire 200 new workers and invest $1 trillion over the course of the next five years.