These floor plan finance formulas incorporated with your turn time can help to make or break your dealership s profitability.
Floor plan inventory inspections.
Our inspection services products are geared toward inspection and verification of collateral equipment and property.
Services include leased equipment inspections general site inspections business verifications commercial collections merchant cash inspections and franchise inspections along with a variety of asset and vehicle condition reports.
The holding cost per unit per day is a useful metric that can help you keep your inventory balanced as well as determine how quickly you might need to turn a unit.
Retailers use a short term loan to purchase inventory items and the loan is repaid as inventory is sold.
Aim partners with clients to conduct accurate and thorough asset verification services to assist in managing all aspects of floorplan risk.
Floor plan inspections collateral specialists inc s floor plan inspection service provides financial institutions with an accurate accounting of their floor planned inventory.
Floor plan inspection services are an integral piece of the risk mitigation process for the wholesale credit and finance industry.
A longer turn time for inventory eats into cash flow.
But we provide more than just inventory reconciliation.
Floor planning is a type of inventory financing for large ticket retail items.