First Business Bank’s floorplan financing group funded a $6.7 million inventory floorplan line of credit with a multi-location automotive dealership group in Texas. The dealer made the decision to move the floorplan financing after a six-year relationship with its previous lender.
The Texas-based dealership group selected First Business Bank over its incumbent lender. This new financing relationship allows the dealership to optimize its inventory management while pursuing strategic growth opportunities across multiple locations.
