'%20stroke-width='7'%20stroke-linecap='round'%20stroke-linejoin='round'/%3e%3cpath%20d='M46%2012l2.6%206.4L55%2021l-6.4%202.6L46%2030l-2.6-6.4L37%2021l6.4-2.6z'%20fill='%2314B8A6'/%3e%3c/svg%3e){kind=small}
Dealership Financing
Dealers manage a business where inventory is the single largest expense and turns over constantly. Beyond inventory, dealerships need capital for lot improvements, service departments, and acquisitions. Understanding which needs fit general business financing — and which require specialized dealer programs — is the first step.
Common cash flow and capital challenges
- Inventory capital tied up on the lot
- Lot, showroom, and service department improvements
- Reconditioning costs before vehicles can be sold
- Seasonal sales patterns
Financing that may suit this industry
Working Capital
Covers reconditioning, marketing, and operating costs.
Learn more
Commercial Real Estate
For purchasing or refinancing a lot or facility.
Learn more
Business Acquisition Financing
For buying an existing dealership.
Learn more
Business Lines of Credit
Flexible funds for operating needs.
Learn more
Practical use cases
- Adding a service department
- Buying the lot you currently lease
- Acquiring a nearby independent dealer
Eligibility considerations
- Dealer licensing is typically verified
- Sales history and inventory turnover may be reviewed
- For real estate, the property itself is evaluated
Typical documentation
- Dealer license
- Business bank statements
- Financial statements and tax returns
- Property details (for real estate)
Cost and repayment considerations
- Keep inventory financing and operating financing separate when planning repayment
- Real estate financing involves appraisal and closing costs
Alternatives and trade-offs
Floor plan financing
Specialized inventory lines for dealers, offered by dedicated floor plan lenders. LendNova does not currently list floor plan financing among its categories.
Frequently asked questions
Does LendNova offer floor plan financing?
Floor plan financing is not currently one of the categories we list. We can help with other dealership capital needs, such as real estate, acquisitions, and working capital.
Related guides
See which options may fit your business
Answer seven quick questions — no email or credit check required.
LendNova LLC is a referral partner, not a lender. Availability, eligibility, rates, and terms are determined solely by independent funding sources. This page is general information, not financial advice.