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Sopra Banking Software expands floorplan finance tech in US

Dealer floorplan costs have jumped YoY

Riley Wolfbauer

Financial technology company Sopra Banking Software has expanded the capabilities of its floorplan financing software-as-a-service in the United States as wholesale finance costs have increased for dealers amid elevated interest rates and higher utilization.   Sopra expanded its wholesale lending software, Sopra Financing Platform, to speed dealer funding as the manual processes used by lenders slow […]

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