The automotive industry is very unique in that it is one of the few industries where commercial loans are abundant and relatively easy to qualify for. Whether you are just starting out or looking to grow your business, it is likely you will be able to find the capital needed to stock your dealership. Yet while there is a good chance you will be able to acquire a floor plan line of credit, the size of that line of credit will vary depending on your business needs and overall portfolio snapshot.
- Hireology, Maritz aim to boost dealer employee retention
- PODCAST: Autotrader's Jessica Stafford talks digital retail, voice assistants & Conan O'Brien
- LoJack, dealer group partner on inventory management, connectivity, safety
- Consumers leasing through Honcker can now sell existing ride through Carvana
- IAA names chief financial officer