Dealer Products
At Chrysler Financial our dealer products and services are designed to provide total finance support for all dealership business needs — from financing and insuring vehicle inventories to assisting in equipment acquisition and supporting facilities improvement and expansion. Continue reading for an overview of our products developed for our dealer partners.
Vehicle Inventory Financing
Known in the automotive industry as “Floorplanning,” this allows dealers to finance their inventory of new or used vehicles until the vehicles can be sold to customers.
Capital loans
From funding construction and real estate loans to restructuring debt, Chrysler Financial helps dealers increase working capital. We offer flexible terms and rates, monthly billing and electronic payment through the Electronic Funds Transfer (EFT) system.
Equipment Loans
Chrysler Financial offers loans for a wide variety of dealership equipment purchases. These loans may cover anything from signage to service center and office equipment.
Construction/Real Estate Loans
Chrysler Financial underwrites loans for real estate transactions. These are appropriate for dealerships thinking about a facility purchase or improvement, as well as interim construction.
Vehicle Inventory Insurance
Known in the automotive trade as “Floorplan Insurance,” this type of insurance protects the inventory of vehicles on the showroom floor and the lot while awaiting purchase by customers.
Daily Rent-A-Car (DRAC)
This program offers dealers the financing and insurance protection needed to purchase vehicles that can be used by customers as rentals or loaners, a valuable and convenient service that can improve customer satisfaction.