Essential Do’s and Don’ts for Effective Floorplanning
Monday, October 20th @ 9 am - 12 pm
Palladium C (General Session Hall)
In today's evolving automotive landscape, independent dealerships are seeking innovative solutions to enhance their inventory management and cash flow. Floorplan financing emerges as a critical tool that not only alleviates the burden of upfront cash, but also empowers dealers to strategically expand their inventory and maximize sales. Moderated by Kathy Sabaski, our panel will delve into best practices for utilizing floorplans effectively, exploring how tailored financing options and disciplined credit management can transform a dealership's operations. Join us as we uncover the strategies that can drive growth and profitability for automotive businesses in today's competitive market!
This session will be part of our morning general session, and there will be ample time for individual Q&A. Learn not only from the experts on the panel but also from the entire audience in attendance.
We invest in dealers and their communities
Since 2013, NextGear Capital has partnered with thousands of dealers from around the globe to deliver the flexible financing they need to thrive in today’s competitive landscape. But our mission is to be so much more than a creditor. Everyone on our team aims to truly understand every client’s unique needs, market, community, and goals. So we’re not just providing funds in the short term — we’re giving dealers buying power and expert guidance that can serve as a stable, long-term fountain for their business.
That core goal is reflected in every decision we make and service we provide. From flexible lines of credit to an evolving array of supporting solutions, we’re built to empower dealers of all sizes and help them meet their own definition of success. And as the nation’s largest floor plan provider, we view it as our responsibility to constantly innovate with state-of-the-art account management tools, title services, records management products, and collateral protection options.
We fuel the entrepreneurial dream in our community.
Even back in 1987, when AFC first began, providing inventory financing for independent car dealers was our primary purpose, and we were committed to delivering exemplary customer service.
But since then, we’ve expanded our products and services to provide the tools that our customers need to realize their unlimited potential as they buy and sell vehicles at auto auctions and dealerships.
While floor plans may be the key service we provide, what drives us every day is the desire to help independent dealers bring their business dreams to life. With more than 100 branch locations and industry experts strategically placed across North America, we live and serve in your communities. And our core values are at the root of all we do: elevating relationships, powered by passion, vision-driven, and dedicated to you.
Together with our sister companies at KAR Global, AFC is a part of an end-to-end remarketing lifecycle solution. Shop, finance, inspect, recondition, transport, or sell–we are honored to work with the best in the industry.
CAR is committed to leading the Sub-Prime Automotive Finance Industry by developing and delivering an innovative series of financial products and services designed to create and maintain customer value.
CAR Financial Services, Inc. (“CAR”) services both independent automotive dealers and automotive subprime financial organizations. CAR has a national geographic footprint, as we can operate in 47 States, and we continually evolve our programs to meet the ever-changing needs of those we serve. Our strengths lie with our experienced and professional employees, our dedication to technology, and a tradition of over 25 years of quality service.
CAR can help you survive every economic cycle by customizing a purchase/service program that meets your needs while providing quality service through a single dealer point of contact. CAR strives to understand your day-to-day business so that we can structure a program designed to meet your long-term goals and objectives. Whether purchasing a stream of payments, purchasing all or part of your accounts outright, or simply servicing your BH/PH portfolio, the trusted professionals at CAR Financial Services are interested in working with you to meet your dealership needs and exceed your service expectations.
NEED CAPITAL? NO PROBLEM… THAT IS WHY WE ARE HERE!
A larger segment of both the used and new dealer communities are considering alternative financing and buy here/pay here (BH/PH) as a business strategy in which they may generate more sales from a previously underserved market. These dealers require a reliable and consistent source of capital in order to procure vehicles to serve this consumer and to provide internal financing for the supported growth of their BH/PH portfolio. CAR Financial Services remains a leader in providing non-standard financing supporting compliant dealers in the BH/PH market.
