Tag: floorplan financing

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 ...

Ally Financial has increased Vroom’s floorplan line of credit to nearly double its former amount as the online used-car retailer ...

Online used-car marketplace Shift Technologies has secured a $100 million floorplan facility from Ally Financial, effectively ending the company’s search ...

Ally Financial has once again added $1 billion to Carvana’s line of credit, putting the two companies’ purchase agreement at ...

Chase Auto and NextGear Capital are answering dealerships’ calls for floorplan relief amid the pandemic. Chase Auto has a total ...

Asbury Automotive has “amended and reinstated” its five-year, $1.45 billion syndicated senior credit facility, the company announced on Wednesday. The ...

Group 1 Automotive has extended its $1.8 billion revolving syndicated credit facility with 23 financial institutions, including four captive finance ...