Floor Plan Companies For Used Car Dealers

Afc helps independent automotive dealers expand their businesses by providing inventory finance solutions and key operations related services.

Floor plan companies for used car dealers.

Our floor plans offer quick cash flow great terms and no curtailments. 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. 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. For example a dealer might be able to borrow 10 million over the year to purchase 300.

Call or apply now 864 234 9696. Floor cars for up to. Monday friday 8 30 5 30 est. With more than 120 locations afc is one of the largest floorplan providers in north america and offers unmatched local access and customer service.

Afc helps independent automotive dealers expand their businesses by providing inventory finance solutions and key operations related services. 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. Car bucks was designed for you. Floor plan finance companies are uniquely attuned to the needs of auto dealers.

Carbucks provides floor plan financing to independent auto dealers for the purchase and holding of their inventory. Westlake flooring services provides floor plan lines of credit to licensed auto dealers throughout all 50 states. As a dealer sells their unit they pay back the original loan. We finance independent dealers with a long term floor plan that has no curtailments for maximum cash flow up to 180 days.

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. Afs is accepted at all manheim and adesa auto auctions across the country. 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. The loans are often made with a one year term and based on an aggregate budget.

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. No curtailments or audit fees. Car dealers can take advantage of flooring lines to purchase their inventory and increase their cash flow. With more than 120 locations afc is one of the largest floorplan providers in north america and offers unmatched local access and customer service.

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. The first thing to note about our floor plan financing is how versatile it is.