As a floorplan company, the success of our dealers is our top priority. Our service offerings have been created with dealers in mind. We keep open and consistent lines of communication with our dealers so that we can understand their needs, and create programs to meet those needs. Our deferment program is one of those programs, and we’d like to take some time to tell you about it.
The goal of our deferment program is to keep more cash in your pocket while helping you take advantage of opportunities as they come. We understand that auctions move quickly and that you need access to cash quickly. So, our deferment program allows independent dealers to increase cash flow by deferring your next curtailment payment. During the deferment period, you can keep things moving. This means purchasing different inventory that will keep customers satisfied and coming through the door.
Another benefit of deferring your next curtailment payment is investing that extra cash into areas of your business that may have fallen by the wayside. Advertising is a great example.
Consider areas you can allocate extra cash to get your dealership noticed by more people. When’s the last time you reviewed your advertising strategy? What are some ways in which it could be improved?
Leads are another area you might want to allocate some of your extra cash flow to. Better leads translate to faster sales, and faster sales are what we want for all our dealer partners.
We encourage you to compare all our financing options to determine what is right for you. The most important factor is that you have options, and Kinetic is here to meet your floorplanning needs, whatever they may be.
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