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    3 Replies Latest reply on Apr 3, 2009 9:41 AM by funds2924

    Floorplan line of credit needed for used vehicle sales

    sam4sale Newbie
      We have been in business coming up on 3 years and sell approximatly 80% of our inventory monthly, last year we sold 2.5 million. I have 16+ years working in the sales / finance side of franchised automotive dealerships. I am need of a larger floor plan line of credit. We currently run with approximatly $250,000- i would like to go to a min of $750,000.00
      Any one know a bank / private investor that will work with an independant dealers?