First Business Bank’s floorplan financing team funded a $1.2 million inventory floorplan line of credit with an established automotive dealership in Ohio. The dealer made the decision to return to First Business Bank after expanding to a much larger location.
“This dealership’s return to First Business Bank speaks volumes about the lasting relationships we build and the service experience that keeps dealers coming back,” John Goodyear, vice president – sales manager, floorplan financing at First Business Specialty Finance, a subsidiary of First Business Bank, said. “Despite all the floorplan options available in today’s market, this successful dealer chose us because they know they’re a valued partner receiving high-touch, responsive service that supports their growth objectives.”
This new $1.2 million financing relationship helps the dealership optimize inventory levels at its expanded location.
