Auto Floor Plan

Floor planning is commonly used in new and used car dealerships.

Auto floor plan.

Interest rate protection products to help minimize the impact of rising interest rates on your floor plan and term loans. Floor plan online floor plan online is a convenient way to access and manage your floor plan account. Contrary to common perceptions most car dealers do not pay cash for the. No curtailments or audit fees.

Our floor plans offer quick cash flow great terms and no curtailments. Most floor plan providers keep an eagle eye on all accounts in search of red flags that alert them to issues with dealers. Afc helps independent automotive dealers expand their businesses by providing inventory finance solutions and key operations related services. Automated floor plan audit technology to maximize efficiency and reduce the amount of time we spend at your dealership.

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. With more than 120 locations afc is one of the largest floorplan providers in north america and offers unmatched local access and customer service. Nsf s collateral audits and turn times. There s never been an easier way.

There are three specific red flags that your floor plan company is watching for. Keep it with car bucks. The loans are often made with a one year term and based on an aggregate budget. 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.