Auto Floor Plan

Automated floor plan audit technology to maximize efficiency and reduce the amount of time we spend at your dealership.

Auto floor plan.

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. Nsf s collateral audits and turn times. Floor planning is commonly used in new and used car dealerships. Interest rate protection products to help minimize the impact of rising interest rates on your floor plan and term loans.

With more than 120 locations afc is one of the largest floorplan providers in north america and offers unmatched local access and customer service. Nsfs insufficient funds or nsfs are directly correlated to points 1 and 2 above. 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.

For example a dealer might be able to borrow 10 million over the year to purchase 300. Contrary to common perceptions most car dealers do not pay cash for the. Floor cars for up to 180 days for maximum cash flow. There are three specific red flags that your floor plan company is watching for.

The loans are often made with a one year term and based on an aggregate budget. There s never been an easier way. Most floor plan providers keep an eagle eye on all accounts in search of red flags that alert them to issues with dealers. Our floor plans offer quick cash flow great terms and no curtailments.