Floor Plan For Used Car Dealers

We finance independent dealers with a long term floor plan that has no curtailments for maximum cash flow up to 180 days.

Floor plan for used car dealers.

There s never been an easier way. Floor plan loans are among the safest of all financial instruments. The dealer then receives payment hopefully including a profit and remits the balance to. Simply it is a way for an auto dealer to use a lender s funds to finance the cars and until each of them is sold the lender holds title to the cars.

Floor cars for up to. Our floor plans offer quick cash flow great terms and no curtailments. Call or apply now 864 234 9696. But because inventories are so immense the car business is very sensitive to both floor plan interest rates and the tax treatment of interest expenses.

How does floor plan financing work specifically to benefit auto dealers. No curtailments or audit fees. Keep it with car bucks. A one percent rate increase can raise some dealership costs by millions of dollars.

Monday friday 8 30 5 30 est. Car bucks was designed for you. What you don t realize is that like most new car dealers a floor plan was used to finance the cars. Carbucks provides floor plan financing to independent auto dealers for the purchase and holding of their inventory.

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. Floor plan finance companies are uniquely attuned to the needs of auto dealers.