Afc helps independent automotive dealers expand their businesses by providing inventory finance solutions and key operations related services.
Floor plan leasing automobiles.
Keep it with car bucks.
How does floor plan financing work specifically to benefit auto dealers.
The original floor mats spare tires.
Find out how nextgear capital dealers are tackling the challenges of today s market head on by properly.
At auto use we are committed to the health and safety of our team members clients partners and guests.
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.
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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.
With more than 120 locations afc is one of the largest floorplan providers in north america and offers unmatched local access and customer service.
Floor plan finance companies are uniquely attuned to the needs of auto dealers.
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.
No curtailments or audit fees.
If you plan on leasing from the same automaker again we suggest asking to have these fees reduced or waived as part of your negotiation on the new car.
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.
Currently auto use is fully operational to serve your buying selling and financial needs.
Our floor plans offer quick cash flow great terms and no curtailments.
What you don t realize is that like most new car dealers a floor plan was used to finance the cars.
The loans are often made with a one year term and based on an aggregate budget.
At this time we have no known confirmed cases of covid 19 among our auto use workforce.
Floor cars for up to 180 days for maximum cash flow.
Afc helps independent automotive dealers expand their businesses by providing inventory finance solutions and key operations related services.
The dealer then receives payment hopefully including a profit and remits the balance to.
