Floorplan Financing News Today

INDIANAPOLIS, IN - December 19, 2023 - First Business Banks Floorplan Financing team recently funded a $1 million inventory floorplan line of credit for an independent car dealership in New...

INDIANAPOLIS, IN - December 7, 2023 - First Business Banks Floorplan Financing announces it funded a $22 million inventory floorplan line of credit for a large independent car dealership in...

INDIANAPOLIS, IN - September 13, 2023 - First Business Banks Floorplan Financing team announces it funded a $6 million inventory floorplan line of credit for a thriving Virginia-based...

INDIANAPOLIS, IN - July 25, 2023 - First Business Banks Floorplan Financing team announces it funded a $3 million inventory floorplan line of credit for a growing independent car dealership in...

First Business Specialty Finance, a subsidiary of First Business Bank, is funding a $5.5 million floorplan line of credit with an independent South Carolina-based dealership. The dealership, which was not disclosed, established a connection with the lender through a client referral, Jeff Widholm, managing director of floorplan financing at First Business, told Auto Finance News,

Continuing an active end of the year within the commercial financing area, First Business Bank’s floorplan financing team this week announced the promotion of Spencer Brink to portfolio manager of floorplan financing.

Coinciding with Wisconsin-based First Business Bank making headway in the South with its floorplanning, digital auto auction marketplace EBlock announced a key partnership with Kinetic Advantage, a provider of floorplan technology.