A flooring line, also known as floorplan financing, is a type of revolving credit specifically designed for automotive rebuilders. It allows you to finance the purchase of inventory—vehicles or parts—without tying up cash flow. Flooring lines are popular among automotive businesses as they provide the flexibility to acquire, hold, and sell inventory without the immediate financial burden.

Why is a Flooring Line Important for Rebuilders?

For automotive rebuilders, access to a reliable flooring line can be a game-changer. Rebuilding cars often means upfront costs for vehicle purchases, parts, and repairs before you even see a return on investment. A flooring line gives you the freedom to build up your inventory while maintaining your cash flow for other operational needs, like equipment, rent, or payroll.

Key Benefits of a Flooring Line

Increased Buying Power:

With a flooring line, you can purchase inventory as needed without waiting for cash on hand. This can help you take advantage of bulk deals or purchase higher-quality vehicles to rebuild.

Cash Flow Management:

By deferring payment until after a sale, you can allocate funds toward essential business expenses, keeping your operation running smoothly even during high inventory periods.

Flexibility and Growth Potential:

As your business grows, your flooring line can often grow with it, allowing you to scale your inventory and turnover without financial strain.

Efficient Inventory Management:

Flooring lines often come with tracking tools, helping you stay organized and focused on vehicles that need to move quickly, so you can rotate inventory effectively.