First Business Bank’s floorplan financing group funded a $5 million inventory floorplan line of credit with an established multi-location automotive dealership in Texas. The dealer made the strategic decision to move its floorplan financing from a small local bank that was unable to accommodate their growing business needs, seeking a partner that could scale with its expansion.
This new financing relationship enables the multi-location dealership to maintain optimal inventory levels across its operations while benefiting from technology tools.
