Firm Tailors ‘Float’ Plan Featured

By Staff Writer September 19, 2019

 

BacklotCars, an online wholesale automotive marketplace, announced improvements to its inventory finance business line Float by BacklotCars.

BacklotCars has run its financing unit since 2016.

Driven by feedback from current users and upgraded technology, Float by BacklotCars now tailors plans on a more individualized basis.

“We built Float to be a more transparent and flexible way to pay for inventory,” said Ryan Davis, co-founder of BacklotCars. “The ability to give dealers a more personalized experience will help us further our mission to make wholesale easy.”

The company will personalize a flat-fee structure based on the applicant’s credit quality and financing needs.

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Last modified on Thursday, 26 September 2019 14:54

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