Tag: floorplan financing

Used-car retailer Carvana unloaded loans it had been holding on its balance sheet in the third quarter, which pushed up ...

Syndicated credit facilities are growing in prominence in the commercial auto finance space as lenders look to tap into growing ...

The floorplan financing landscape is changing as inventory improves and dealerships consolidate in the face of elevated interest rates and ...

Floorplan financing is growing for some lenders even as others step back amid elevated interest rates on the heels of ...

Rising floorplan interest rates and increased expenses are chipping away at dealer floorplan profit generated by pandemic-induced assistance from lenders.  ...

Financial technology company Sopra Banking Software has expanded the capabilities of its floorplan financing software-as-a-service in the United States as ...

Lithia Motors showed declining finance and insurance revenue while nearly doubling its floorplan interest expenses quarter over quarter.  Finance and ...

Strong buyer demand for dealerships and an uptick in consolidation may lead to fewer opportunities for floorplan lenders.  The dealership ...