Floor Plan Financing Software

Car financial services has focused the floor plan product specifically on the needs of the sub prime and bhph dealer market.

Floor plan financing software.

For example automobile dealerships utilize floor plan financing to run their businesses. Let s say you make a profit of 3 000 per car sold. The dealer then receives payment hopefully including a profit and remits the balance to. 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.

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. Floor planning is a method of financing inventory purchases where a lender pays for assets that have been ordered by a distributor or retailer and is paid back from the proceeds from the sale of these items. However not all inventory finance companies offer retail and dealership wholesale financing options. These floor plan finance formulas incorporated with your turn time can help to make or break your dealership s profitability.

Wholesale dealer floor plan finance software. We offer a state of the art approach to managing your dealer financial relationships providing value to your dealers and tracking all collateral. Floor plan finance options are popular within the automotive industry. Planningwhiz floor planner is a 2d 3d floor planning software for interior designers real estate agents property developers and furniture retailers.

Floor planning is a form of financing for large ticket items displayed on showroom floors. What you don t realize is that like most new car dealers a floor plan was used to finance the cars. Either draw floor plans yourself with our easy to use floor plan software just draw your walls and add doors windows and stairs. 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.

Or order your floor plan through roomsketcher floor plan services all you need is a blueprint or sketch. Car targets an asset class that is often times overlooked by the. No training or technical drafting knowledge is required so you can get started straight away. The arrangement is most commonly used when large assets such as automobiles or household appliances are involved.