Tips to Minimize Dealer Floor Plan Costs
One of the biggest concerns dealers have when deciding to floor plan is the costs and interest rates. Dealer floor plan interest rates may seem daunting,…
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Bank Account Management in Account Portal
Having the right inventory, running effective promotions and pricing your vehicles competitively are all necessary components of running a successful dealership. Another…
The Best Financing for Independent Dealers
Independent dealers rely on capital to run a successful business. It’s not uncommon for dealers that were previously operating with only cash on-hand to realize they may…
The Credit Approval Process in Account Portal
We all know that consumers’ needs are constantly changing. After a few months of independent dealers barely being able to keep sedans…
How Many Cars Should Be on Your Auto Floor Plan?
The key to operating a profitable dealership is finding out how to balance cash flow with current inventory. Figuring out the ideal number of vehicles to put on…
Enjoy Faster Turn Times with a Car Floor Plan
After acquiring a vehicle at auction, there are quite a few steps a dealer must take before that vehicle gets to their lot. After purchasing,…
Dealer Floor Planning Guidelines for Success
When using a floor plan, dealers do not have to use cash to purchase inventory. They can put the inventory on their…
How to Begin a Car Dealership Floor Plan
Floor planning may seem daunting at first, but it’s really quite simple. To put it in the simplest terms, floor plan financing works…
3 Ways to Increase Sales with Floor Plan Finance
Before diving into the benefits of floor plan finance, it’s crucial to understand the concept of financing dealer inventory. Floor plan financing…
Stay on Top of Your Floor Plan with Reporting from Account Portal
Reporting and analytics are vital when it comes to running a successful operation, which is why within Account Portal, NextGear Capital offers…