Contrary to common perceptions most car dealers do not pay cash for the.
Auto dealership floor plan.
Call or apply now 864 234 9696.
These floor plan finance formulas incorporated with your turn time can help to make or break your dealership s profitability.
Floor plan loans are among the safest of all financial instruments.
Floor cars for up to.
Floor plan statements and inventory information available online.
New and used vehicle floor plan financing at competitive rates and terms focused on meeting the needs of new car franchised dealerships.
Floor planning is commonly used in new and used car dealerships.
Variety of floor plan structures and interest rate options to meet your needs and reduce your interest expense.
Afc helps independent automotive dealers expand their businesses by providing inventory finance solutions and key operations related services.
Let s say you make a profit of 3 000 per car sold.
A one percent rate increase can raise some dealership costs by millions of dollars.
Monday friday 8 30 5 30 est.
There s never been an easier way.
With more than 120 locations afc is one of the largest floorplan providers in north america and offers unmatched local access and customer service.
Our floor plans offer quick cash flow great terms and no curtailments.
Retail floor planning also referred to as floorplanning or inventory financing is a type of short term loan used by retailers to purchase high cost inventory such as automobiles these loans are often secured by the inventory purchased as collateral.
No curtailments or audit fees.