Floorplanning in a nutshell.
Besides what AFC does best, what exactly is floorplanning?
Floorplanning is a type of financing that provides a revolving line of credit allowing the borrower or dealer to obtain financing for retail goods. These loans are made against specific items of inventory; for example, a passenger vehicle, RV, or motorcycle. When an item of inventory is sold by the dealer, the loan advanced against that inventory is repaid.