Tag: floorplan financing

Fifth Third and Capital One are exiting floorplan lending as banks continue to reassess business lines in the face of ...

Floorplan interest expense increased at publicly traded auto retailers with three retailers tallying triple-digit year-over-year increases, while finance and insurance ...

First Business Specialty Finance, a subsidiary of First Business Bank, is funding a $5.5 million floorplan line of credit with ...

Each month, the Auto Finance News team dives deeply into topics currently affecting the auto finance industry. This year was ...

Artificial intelligence-based auto lender Lendbuzz has secured a fresh credit facility with Regions Bank to expand its consumer loan portfolio ...

Auto lenders have been granted a reprieve from new commercial financing disclosure laws coming down the pipe into early 2023.  ...

Automotive retailer Carvana reduced its wholesale inventory floorplan line of credit with Ally Financial to $2.2 billion in the pair’s ...

First Business Specialty Finance, a subsidiary of First Business Bank, has extended a $10 million floorplan line of credit to ...