Here’s what to look for to find the

BEST DEALER
FLOORPLAN COMPANIES

Kinetic Advantage

Based on 235 Google Reviews

Competing Floorplan

Based on 90 Google Reviews

Competing Floorplan

Based on 6 Google Reviews

Competing Floorplan

Based on 18 Google Reviews

What to Look for to Find the Best Dealer Floorplan Company

Selecting the right dealer floorplan company is crucial for a dealership’s success.

This financial lifeline enables dealers to purchase inventory without upfront costs, allowing for a broader selection of vehicles.

However, with numerous options available, identifying the best floorplan company can be challenging.

Let’s explore the key factors to consider when making this critical decision.

What Makes a Dealer Floorplan Company the Best?

Competitive Rates & Terms

A competitive floorplan rate is essential for maximizing dealership profitability. However, it’s equally important to scrutinize the overall package, including fees, interest calculations, and early payoff penalties.

Rapid Funding

Quick access to funds is crucial for capitalizing on market opportunities. A reliable floorplan company ensures swift processing of loan applications and disbursements.

Flexible Funding Options

A dealership’s inventory needs fluctuate. The best floorplan companies offer flexible funding options to accommodate varying inventory levels and sales cycles.

Strong Technology Platform

Modern dealerships rely on technology. A robust online platform for managing floorplan accounts, accessing reports, and communicating with the lender is essential.

Industry Expertise

A deep understanding of the automotive industry is essential. A floorplan company with experience in the dealership sector is better equipped to address specific challenges and opportunities.

Exceptional Customer Service

A dedicated and knowledgeable customer service team is invaluable. Timely responses, problem-solving abilities, and a genuine commitment to dealer success are hallmarks of a top-notch floorplan company.

Red Flags to Watch Out for

While focusing on the positives is important, it’s equally crucial to identify potential red flags.

Hidden Fees

Transparent pricing is essential. Avoid companies that obscure fees or have complex fee structures.

Lack of Flexibility

Rigid terms and conditions can hinder a dealership’s ability to adapt to market changes.

Poor Reputation

Research the company’s reputation within the industry. Look for reviews and testimonials from other dealers.

I would like to give Cheikh Kebe 5 stars!! for how thorough and detail this man was when helping me get approved for flooring with Kinetic Advantage.He made the process seamless and simple, and his turnaround was swift and immediate. He answered all my questions and made me feel comfortable choosing Kinetic Advantage. Thank you Cheikh!
Kinetic helped our dealership a lot, by far best flooring company in market very reasonable rates compare to the competitors. My rep WILL ALFARO BARRERA is the most knowledgeable and kindest person who helped us lot .
Great Company to work with..Aimed to assist the small guy!!! Great people... Comfortable to work with..Ready to take our Company to the next level partnering with Kinetic
Great experience! Robert Ledbetter was professional and easy to work with throughout the process. Excellent follow up and great communication skills!
The Kinetic Experience was Superior! Our team reached out to them, explain what our longterm goals were and what we were looking for. Mr Hogue and Mr Rollins, are experienced representatives/partners with the company. Once applying, we were approved in one day and the process was quick and easy. Looking for a floor plan company, the Kinetic Advantage is the way to Grow!
Great CAR dealer Flooring Company, been working with them for over half a year now, and looking forward to working together for a long time!!!!
been with Kinetic fo over 2 1/2 years. Great experience. My rep is German Canola. Whenever I call him. Answers right away and takes care, of anything I need. Recommend Him 110%. Thanks Guys.
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Get Floored with the Best Dealer Floorplan Company

Selecting the best dealer floorplan company requires careful evaluation and due diligence. By focusing on the key factors discussed above and avoiding potential pitfalls, dealerships can establish a strong financial partnership that supports growth and profitability.

What Drives You?

What Drives You?

The dealership floorplanning newsletter that takes a look into recent floorplan news & trends, as well as updates from inside the walls at Kinetic Advantage.

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(We promise not to spam you or inundate your inbox with emails. Our newsletter goes out roughly twice per month to include important news and information around dealer floorplanning.)