At Kinetic, we don’t view the program as a risk like some floorplan companies, but instead as an opportunity to show our dealers that we trust them and want to foster a relationship with them. After all, this is a partnership!
This trust includes offering programs that others may not and helping our dealers utilize these programs to their best advantage.
It’s important that dealers know about our financial solutions, and how to optimize them. Dealers can optimize the Fast Fund Program by making sure to follow these tips:
– If a dealer buys a car that they want to finance, they should floor it today and overnight the title as quickly as possible.
– Take note that there are limits to title exposure, which governs the total amount (in dollars) worth of titles that dealers can have at any one point in time.
– Dealers should make sure that all documents are in order and signed/dated correctly. This extra step helps to ensure there are no funding delays.