Wholesale Floor Plan Financing

Smartcash our electronic transaction capability that nets mutual obligations for efficient electronic payments.

Wholesale floor plan financing.

We can help your dealership succeed with attractive terms and flexible credit lines for financing your most prized asset your vehicle inventory. However not all inventory finance companies offer retail and dealership wholesale financing options. Retailers use a short term loan to purchase inventory items and the loan is repaid as inventory is sold. While some lenders are unable to properly serve independent dealers nextgear capital has proudly served the independent dealer market for over ten years.

We offer competitive financing for qualified dealers. Reduces the manufacturer s costs when a piece of merchandise from a manufacturer is received by the dealer who has a floor planning arrangement with a lender the lender notes the item and immediately sends the manufacturer a check for it. 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 number of days dealers are charged a small fee. We offer competitive rates and use sound policies and procedures which are designed to increase the efficiency and profitability of your dealership.

Online administration a secure feature that enhances your internal inventory controls. Floor plan finance options are popular within the automotive industry. Wholesale floorplan financing solutions for growing your business terex financial services tfs is committed to working with our dealers in developing and adding true value to their business and assisting in the acquisition and funding of their terex equipment. The average dealer spends more than 40 percent of their.

Wholesale floorplan financing solutions for growing your business terex financial services tfs is committed to working with our dealers in developing and adding true value to their business and assisting in the acquisition and funding of their terex equipment. Floorplan insurance competitive rates aggregate weather deductibles and industry leading claims service. You need simple solutions to run your business and floor plan financing could streamline your inventory acquisition and reduce some of your administrative costs. Our wholesale funding service offers dealerships a way to access funding to purchase inventory.

Floor planning is a type of inventory financing for large ticket retail items. Dealers can then use their floor plan line of credit to purchase inventory from auctions and other inventory sources.