First Business Bank Funded a $7.1MM Inventory Floorplan Line of Credit for Auto Dealer’s Multi-Location Expansion
First Business Bank’s floorplan financing team has provided a $7.1 million inventory floorplan line of credit to support an established Texas automotive dealership as it expands into two additional locations. The expanded financing will help the dealership maintain ideal inventory levels across all its sites while benefiting from the bank’s responsive support. Overall, the multi-location growth marks a major step in the dealership’s broader strategy to diversify and strengthen its geographic presence.