Floor Plans For Used Car Dealers With Bad Credit

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Floor plans for used car dealers with bad credit.

Our floor plans offer quick cash flow great terms and no curtailments. With more than 120 locations afc is one of the largest floorplan providers in north america and offers unmatched local access and customer service. In a nutshell our dealer floor plan experts empower independent car dealerships through credit lines all of it backed by industry best customer service stellar back end account management and competitive rates. Automated floor plan audit.

Much like a credit card a floor plan financing company extends a line of credit to a car dealer. Dealers can then use their floor plan line of credit to purchase inventory from auctions and other inventory sources. The lender expanded wholesale limits for more. There s never been an easier way.

Our gold plan is the industry s only no fee floor plan and offers rates as low as 80 day per 1 000 financed. Greenville sc 29611 phone. We provide flexible credit lines from 50 000 to 1 000 000 and offer a variety of floorplan financing programs specifically geared to the needs of the independent used car dealer. A one percent rate increase can raise some dealership costs by millions of dollars.

Floor cars for up to. Floor plan statements and inventory information available online. Floorplan woes no longer floor car dealers ally financial is increasing wholesale credit lines for dealers as they ride the wave of improved sales. We want to become your partners as you try to take your dealership to the next level.

Floor plan loans are among the safest of all financial instruments. Monday friday 8 30 5 30 est. In a floor plan agreement a lender provides a revolving credit balance to a dealer. 2518 white horse rd.

No curtailments or audit fees. New and used vehicle floor plan financing at competitive rates and terms focused on meeting the needs of new car franchised dealerships. Afc helps independent automotive dealers expand their businesses by providing inventory finance solutions and key operations related services. Call or apply now 864 234 9696.

If a dealer purchases a car on a floor plan takes it back to their lot and it doesn t sell within a contractually determined. That credit is used by the dealer to purchase inventory from the car manufacturer.