Car dealer floor plans

Many people have read about the recent decision of the US Small Business Administration’s decision to create a financing pilot program. The government has said they want to supply businesses with the resources necessary to survive this difficult economic climate. This program would allow dealers to use their inventory as collateral for financing requests. They hope to thus provide a much-needed line of credit to car dealers across the country. Many car dealer floor plans have fallen apart and/or disappeared over the last few years and the goal is keep business doors open.

One of the requirements of the program is that dealerships must be in sound financial condition and have a viable business plan. The government requests that these dealerships be ready, willing and able to provide tracking mechanisms for all aspects of the loan. Dealers First Financial has created a software tool that will help you and your dealership do just that. We will work with you to offer the best floor planning solution so that you can pursue these government-backed loans. We will help to implement our software that is suited for your needs in this specific situation. Our tool will gives you a competitive edge over other dealerships seeking this type of funding because we help assess risk, make informed decisions, communicate information to the lender, maximize income and make the right choices…all because you have everything at your fingertips.

Contact us today to find out more about how we can help your business.