Floor plan finance companies are uniquely attuned to the needs of auto dealers.
What does floor plan mean.
Floor plan definition is a scale diagram of a room or suite of rooms viewed from above and used especially for planning effective use and arrangement of furnishings.
For example automobile dealerships utilize floor plan financing to run their businesses.
What you don t realize is that like most new car dealers a floor plan was used to finance the cars.
You ll need to get familiar with floor plan symbols if you re looking at floor plans a floor plan is a picture of a level of a home sliced horizontally about 4ft from the ground and looking down from above.
How does floor plan financing work specifically to benefit auto dealers.
Here s a fully featured floor plan design924 9 above that presents a clear vision of how to furnish an open plan that might otherwise be difficult to imagine.
See more tips on how to read a floor plan.
How to use floor plan in a sentence.
A floor plan is very much like a map with lengths and widths sizes and scales of how far apart things are.
Using cash or a bank line of credit to purchase inventory can work for some car dealers but many floor plan financing companies offer a variety of dealer specific benefits.
A split level floor plan blends a traditional ranch home with a multilevel home.
Learn how to mentally walk through a floor plan.
Interior walls and hallways.
It is a measured drawing to scale of the layout of a floor in a building.
It s not always easy to make an educated guess about what a particular abbreviation or symbol might mean.
A floor plan is not a top view or birds eye view.
You may wonder how much the dealer had to spend to provide you with almost limitless choices.
Simply it is a way for an auto dealer to use a.
Floor plans site plans elevations and other architectural diagrams are generally pretty self explanatory but the devil s often in the details.
August 3 2018 tweet.
Floor planning is a form of financing for large ticket items displayed on showroom floors.
Walls doorways and windows are usually drawn to scale meaning proportions are somewhat accurate even if a scale designation such as 1 inch 1 foot is not indicated.
A floor plan could show.
Go to any large auto dealer and there are hundreds of cars on the lot.