Floor Plan Financing For Car Dealers
Keep it with car bucks.
Floor plan financing for car dealers. Steps to successful floor plan financing. Floor plan statements and inventory information available online. These floor plan finance formulas incorporated with your turn time can help to make or break your dealership s profitability.
Local dealerships purchase their inventories through financing called floor plan lending here s how it works. Our floor plans offer quick cash flow great terms and no curtailments. Knowing the answers to three floor plan finance formulas will help ensure your dealership is effectively managing current inventory and cash flow.
Credit lines for independent auto dealerships auto dealerships need to keep their showrooms and lots stocked full of inventory and to do that they need a certain level of financial flexibility. No curtailments or audit fees. 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.
Monday friday 8 30 5 30 est. Assessing your dealers current inventory needs. 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.
Call or apply now 864 234 9696. It frees dealerships to build their inventory without tying up the funds they may need for other operational expenses. Working side by side with your management team dcg will help you find attractive financing options for your dealership s new car inventory by.
Carbucks provides floor plan financing to independent auto dealers for the purchase and holding of their inventory. Variety of floor plan structures and interest rate options to meet your needs and reduce your interest expense. Floor plan financing is also done for large appliances mobile homes and boats among other items and these products are usually sold to consumers with a financing contract.