Afc Floor Plan Financing

With more than 120 locations afc is one of the largest floorplan providers in north america and offers unmatched local access and customer service. That means dealers are free to do business with afc whenever they want whether it s flooring a new purchase requesting a title release or simply checking their.

Niada Tv Niada Tv Afc 2 Min Tip Afc S Minute Tip Created To Help Serve The Independent Automotive Dealer In The Areas Of Inventory Fina Accounting Floor Plans

Afc helps independent automotive dealers expand their businesses by providing inventory finance solutions and key operations related services.

Afc floor plan financing. Let s say a dealer makes a profit of 3000 per car sold. How does floor plan financing work specifically to benefit auto dealers. With more than 120 locations afc is one of the largest floorplan providers in north america and offers unmatched local access and customer service.

With more than 120 locations afc is one of the largest floorplan providers in north america and offers unmatched local access and customer service. 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 companies are uniquely attuned to the needs of auto dealers.

Standard financing programs automotive floorplan floor whole car inventory flat fee per term based on unit price 30 day terms 2 curtailments finance buy fees transportation charges and ancillary services 7 14 21 floorplan floor up to 7 14 or 21 days at a flat weekly fee flat weekly fee based on unit price no interest. Afc is dedicated to giving independent dealers the tools they need to do business efficiently. Afc helps independent automotive dealers expand their businesses by providing inventory finance solutions and key operations related services.

Afc helps independent automotive dealers expand their businesses by providing inventory finance solutions and key operations related services. Applied for rental one in 2016 and got 30 000 credit they explained me when i signed the contract it would be a 60 00 fee to add it to floor plan plus financing but they did not explain me that the 60 00 would be. Had a regular floor plan in the 90 with a afc.

Afc helps independent automotive dealers expand their businesses by providing inventory finance solutions and key operations related services. If this dealer s holding cost per day per unit is 44 63 and their turn time to sell a car is 60 days they will spend 2677 of their profit holding on. With more than 120 locations afc is one of the largest floorplan providers in north america and offers unmatched local access and customer service.

In this video i explain the afc floor plan what floor planning is and how a used car dealer can benefit from using a floor plan if they don t have their ow. These floor plan finance formulas incorporated with a dealer s turn time can help to make or break a dealership s profitability.

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