Floor Plan Financing Auto Dealers

Many major banks offer the floor plan arrangement to its larger retail customers.

Floor plan financing auto dealers. Financing beyond the floor plan at dcg capital dealership financing isn t just about putting new cars in your showroom. Using cash or a bank line of credit to purchase inventory can work for some car dealers but many floor plan financing companies offer a variety of dealer specific benefits. That s why we connect you to lenders that won t just offer attractive floor plan financing terms for your physical assets but also blue sky financing for the intangible ones. These floor plan finance formulas incorporated with your turn time can help to make or break your dealership s profitability.

Local dealerships have a better sense than anyone what vehicles will sell best in their markets cars or trucks suv s or compacts sports cars luxury cars or more affordable models. Let s say you make a profit of 3 000 per car sold. Advances under the facility are made against specific automobiles as collateral. Afc helps independent automotive dealers expand their businesses by providing inventory finance solutions and key operations related services.

Floor cars for up to. No curtailments or audit fees. Case studies supplementing working cash with a floor plan is a tried and true method to grow business. There s never been an easier way.

New and used vehicle floor plan financing at competitive rates and terms focused on meeting the needs of new car franchised dealerships. Local dealerships purchase their inventories through financing called floor plan lending here s how it works. Floor plan finance companies are uniquely attuned to the needs of auto dealers. The floor plan facility allows the automobile dealer to obtain financing for automobile inventory.

And chrysler credit to provide both floor planning to its dealers as well as to make car loans to buyers. Keep it with car bucks. Variety of floor plan structures and interest rate options to meet your needs and reduce your interest expense. We see the bigger picture.

Monday friday 8 30 5 30 est. Floor plan statements and inventory information available online. Also the major automobile manufacturers in the united states created gmac ford motor credit co. Our floor plans offer quick cash flow great terms and no curtailments.

Financing the operations of a car dealership requires a specialized type of loan called a floor plan line of credit. Call or apply now 864 234 9696.