Tag: floorplan financing

Bank pullback in asset-backed lending has spurred growth for lenders that provide floorplan financing for independent dealers, while banks are ...

Independent dealership floorplan financing providers First Business Bank and NextGear Capital’s floorplan financing portfolios have grown year to date as ...

Canadian auto dealers facing higher floorplan costs are being strategic when it comes to supply on their lots as consumers ...

Nicole Graham-Ponce, vice president of portfolio management at NextGear Capital, has spent much of her life around cars and has ...

Floorplan asset-backed securities built momentum in the first quarter as dealer inventory improved and investor appetite for auto paper remained ...

Wells Fargo Commercial Auto is looking to deploy new enhancements to its dealer floorplan platform as many automotive dealers try ...

Auto lenders may have slowed loan production in 2023, but they were busy. From fighting new forms of fraud to ...

Auto lenders have navigated a year of high interest rates and elevated cost of funds, prompting some banks to reevaluate ...