Floor Plan Finance Software

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 software.

It is an easy to use floor planning tool that enables users to convey floor plan concepts to customers. 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 plan finance options are popular within the automotive industry. In addition to freeing up the cash a dealer has on hand other floor plan financing benefits.

Wholesale dealer floor plan finance software. Rules based electronic onboarding of inventory receivables electronic disbursements and drafting supplier integration daily data warehouse auto debiting and payment application and retail net funding are all standard features. Floor planning is a form of financing for large ticket items displayed on showroom floors. Either draw floor plans yourself with our easy to use floor plan software just draw your walls and add doors windows and stairs.

Floor plan finance companies are uniquely attuned to the needs of auto dealers. Operational efficiency is critical to floorplan lenders and is a primary focus of the calms compass system. The car financial services floor plan provides a dealer with a line of credit customized for their needs in order to buy inventory and keep business moving. Buy lyrica overnight shaw systems offers a comprehensive wholesale dealer floor plan finance software including a self service dealer portal and an equipment floor plan.

Let s say you make a profit of 3 000 per car sold. While some lenders are unable to properly serve independent dealers nextgear capital has proudly served the independent dealer market for over ten years our floor plan financing options allow dealers to finance nearly any. If your holding cost per day per unit is 44 63 and your turn time is 60 days you will spend 2677 of your profit holding on to a non selling car. What you don t realize is that like most new car dealers a floor plan was used to finance the cars.

Planningwhiz floor planner is a 2d 3d floor planning software for interior designers real estate agents property developers and furniture retailers. We offer a state of the art approach to managing your dealer financial relationships providing value to your dealers and tracking all collateral. Car targets an asset class that is often times overlooked by the. Car financial services has focused the floor plan product specifically on the needs of the sub prime and bhph dealer market.

However not all inventory finance companies offer retail and dealership wholesale financing options. Or order your floor plan through roomsketcher floor plan services all you need is a blueprint or sketch. No training or technical drafting knowledge is required so you can get started straight away.