Floor Plan Companies For Used Car Dealers

The loans are often made with a one year term and based on an aggregate budget.

Floor plan companies for used car dealers.

Monday friday 8 30 5 30 est. Afc helps independent automotive dealers expand their businesses by providing inventory finance solutions and key operations related services. No curtailments or audit fees. City auto finance is a locally owned and operated floorplan company dedicated to providing unparalleled customer service and meeting the unique financial needs of used car dealers in the mid south.

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. Keep it with car bucks. Carbucks provides floor plan financing to independent auto dealers for the purchase and holding of their inventory. We finance independent dealers with a long term floor plan that has no curtailments for maximum cash flow up to 180 days.

Acquiring a floor plan before lending funds floor plan financing companies will often ask dealers to provide additional information and documentation to verify dealership details. Westlake flooring dealers have the flexibility to purchase. If you are visiting the site for the first time we thank you for taking the time to come to our site and learn more. The first thing to note about our floor plan financing is how versatile it is.

Car bucks was designed for you. We can even floor your trade in vehicles and purchases from other independent auctions as well as vehicles purchased from other dealers and new car dealerships. There s never been an easier way. Though dealership savings can be used to purchase inventory one of the simplest means of acquiring inventory is using floor plan financing for used car dealers.

Our floor plans offer quick cash flow great terms and no curtailments. Floor plan lenders include local and regional banks large national banks and financing companies owned by the manufacturing companies like toyota financial or ford credit. Car dealers can take advantage of flooring lines to purchase their inventory and increase their cash flow. For example a dealer might be able to borrow 10 million over the year to purchase 300.

With more than 120 locations afc is one of the largest floorplan providers in north america and offers unmatched local access and customer service. Floor cars for up to. With more than 120 locations afc is one of the largest floorplan providers in north america and offers unmatched local access and customer service. As a dealer sells their unit they pay back the original loan.

Afc helps independent automotive dealers expand their businesses by providing inventory finance solutions and key operations related services. Westlake flooring services provides floor plan lines of credit to licensed auto dealers throughout all 50 states.