Floor Planners And Finacing For New Dealers

Dealers can also take advantage of the most competitive floor plan inventory insurance programs in the nation.

Floor planners and finacing for new dealers.

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. These loans are made against a specific piece of collateral i e. Let s say you make a profit of 3 000 per car sold. Our floor plans offer quick cash flow great terms and no curtailments.

The dealer then receives payment hopefully including a profit and remits the balance to the lender who in turn releases the title to the car to the new purchaser. 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. Floor planning is a form of financing for large ticket items displayed on showroom floors. There s never been an easier way.

Dcg capital has helped numerous new car dealers acquire floor plan loans getting customers the best terms and conditions while providing a stunning inventory increasing sales and expanding their. For example automobile dealerships utilize floor plan financing to run their businesses. Variety of floor plan structures and interest rate options to meet your needs and reduce your interest expense. These floor plan finance formulas incorporated with your turn time can help to make or break your dealership s profitability.

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. Monday friday 8 30 5 30 est. An auto rv manufactured home etc. Call or apply now 864 234 9696.

Floor plan statements and inventory information available online. The loans are often made with a one year term and based on an aggregate budget. 1616 and a representative will be in touch with you soon. So you need floor plan financing that will infuse your automotive dealership with new cars without terms that could prove difficult down the road.

Dealer floor plan financing frequently asked questions for borrowers and lenders what is floor plan financing. Floor plan financing is a revolving line of credit that allows the borrower to obtain financing for retail goods. For example a dealer might be able to borrow 10 million over the year to purchase 300. Keep it with car bucks.

To learn more about our dealer floor plan financing program call us at 1 800 522 2013 ext.