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When it comes to stock funding, what are your options?
| 题名： | When it comes to stock funding, what are your options? |
| 正文语种： | eng |
| 摘要： | Q: What is stock funding? A: Simply put, stock funding is a form of lending that's specifically designed to help dealers buy used vehicles to sell. It's an alternative to dealers using their own capital or more generic forms of lending, to acquire stock for retail. Q: How can a dealer use wholesale funding to grow? A: Funding essentially does three things. First, by giving a dealer the ability to buy more stock, it fuels growth. We often see dealers who partner with us quickly start selling 10/20/30% more vehicles. Second, it helps dealers be more agile by ensuring they are able to buy decisively when the opportunity arises. Finally, it frees up cash to invest in the business in other ways. |
| 出版年： | 2022 |
| 期刊名称： | Automotive Management |
| 期： | Nov. |
| 页码： | 36-36 |
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