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Floorplan ABS off to a roaring start in Q1

$2.9B in floorplan deals hit the market this quarter, compared to $3.6B in all 2023

Joey Pizzolato

Floorplan asset-backed securities built momentum in the first quarter as dealer inventory improved and investor appetite for auto paper remained robust. Dealer floorplan asset-backed securities (ABS) volume hit $2.9 billion through March 26, compared with $3.6 billion in all of 2023, according to Finsight, which monitors securities. Six deals came to market across four issuers, […]

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