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Inventory Financing ( Retail/Wholesale Floor Plans)

Floor plan financing customized for the dealers needs
 
  • Terms, “number of days on floor”, standard and customized for all dealers
  • Standard rate and fee programs designed to enhance your purchasing power without “breaking your bank”
  • Customized “Wholesaler” lines available ( 1 to 3 weeks ), extended programs available
  • Online purchases and payments
  • Credit lines up to $200K with limited financials


Requirements Under 200k, Documents needed

  • Completed application
  • Dealer license
  • Driver license
  • Copy of voided business check
  • Insurance information
  • Incorporation Certification:
    • Articles of Incorporation if incorporated
    • Articles of Organization if LLC
    • Partnership Agreement if Partnership


Credit Lines Over 200k, Documents needed

  • Current Income Statement (Profit and Loss):  No more than 3 months old of current year
  • Current Balance Sheet (Asset and Liability):  No more than 3 months old of current year
  • Income Statement (Profit and Loss):  Prior year
  • Balance Sheet (Asset and Liability): Prior year
  • Current Personal Financial Statement
  • Dealership Tax Return – Last 2 Years
  • Personal Tax Return – Last 2 Years
  • Proof of insurance
  • Articles of Corporation, Articles of Organization, or Partnership Agreement
     

Discover why “Service” is our middle name.  Apply now!       Application