Capital One has decided to terminate its auto dealer services business offering floorplan lending. "We will be winding down that work this year," a Capital One spokesperson told Automotive News in a ...
Net floorplan interest for the 6 major publicly held dealership groups was a big expense for the retailers in 2019 before turning into a profit center in 2021 as rates tumbled and floorplan assistance ...
Rating Action: Moody's assigns provisional ratings to NextGear Floorplan Master Owner Trust, Series 2022-1 notesGlobal Credit Research - 07 Mar 2022Approximately $438 million of asset-backed ...
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