Get the financing you need with Strategic Finance. Strategic Finance is committed to the success of your dealership and is a trusted finance provider to dealers in the KC area. We focus on meeting your inventory financing needs to create financial solutions that make sense. Floorplanning your inventory with Strategic Finance allows you to stock your lot with the vehicles your customers want. Get the range of inventory that will turn visitors into buyers with Strategic Finance’s Automotive Floorplans. Use your Strategic Finance line of credit to finance customer trades, dealer-to-dealer transactions and purchases made from auctions, leasing companies and other sources. To log in to your Dealer Portal click here.   
 
 Floor Plan Financing 

 

Ø      All used car dealers are considered, regardless of past credit history

Ø      The used car dealer must be in business for at least one year

Ø      Vehicles qualifying for floor plan financing cannot be older than 12 years or over 125,000 miles 

 

Application requirements for credit lines up to $100,000

 

Ø      Completed and signed application

Ø      Copy of dealer license

Ø      Last three months of bank statements

Ø      Personal financial statement

Ø      Dealership photos of lot and vehicles

Ø      Copy of driver license for officers and managers

Ø      Proof of insurance

 

Application requirements for credit lines exceeding $100,000

 

Ø      Copy of last year’s federal income tax returns for the dealership

Ø      Copy of last year’s personal income tax return from ownership

Ø      Copy of last year’s dealership financial statements