| Retail Floorplan |
Article Index for Retail |
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Information AboutRetail Floorplan |
| CATEGORIES ABOUT RETAIL FLOORPLAN | |
| credit | |
| distribution, retailing, and wholesaling | |
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Retail floor planning is a business that makes money by doing short term Loan s secured by Collateral it loans for. The costs are usually very high, with Interest Rates of 28%-40%, as well as a fee to put inventory on the floorplan. Floor-planning is commonly used in new and used car dealerships, as well as other businesses that have expensive inventory, such as the automobile retail business. Few dealers own the vehicles on their lots, most are floor planned by a bank or by the manufacturer. |
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