Capital for new and used auto dealers, RV, powersports, marine, and commercial truck — beyond traditional floor plan.
$1.5T U.S. auto retail market — used car margins up 80% post-pandemic
It's the second week of the month and you've already cleared 14 units. Manheim has the cleanest run of inventory you've seen in 18 months — at prices 12% under retail. Your floor plan is maxed at 28 cars. You have to skip the lane. Two weeks later that inventory is on your competitor's lot earning him an extra $4,200/unit.
A $500K working capital position lets you pull the trigger on auction lanes you used to skip. Your lot is now at 42 vehicles instead of 28. Same staff, 50% more inventory, 60% more sales velocity. Your service department picks up the trade-in tide. You're suddenly the dealer the brand notices.
If 2+ of these sound familiar, you don't have an operations problem — you have a capital problem.
You'd run circles around the dealer down the street if you could stock the inventory. Your floor plan won't extend without 6 more months of seasoning.
Best inventory of the year is hitting Manheim this month. You can't buy because every line is maxed and your bank takes 90 days for an extension.
That F-150 has been on the lot 78 days. Floor plan interest, lot rent, prep cost — it's now profit-negative. You either sell at a loss or bleed it slower.
Adding 4 service bays would generate $400K/year in service revenue. Build-out is $280K. Your bank wants to see 'a few more months of stable revenue.'
Every used car costs $400–$1,200 to recondition before it's lot-ready. Multiply that by 50 cars and you're $40K out of pocket before a single sale.
This is what auto dealerships owners do with Pincutt funding — and what you'd do too.
Floor plan augmentation + working capital = full lot, full earning potential. Stop turning down auction lanes you should be winning.
SBA 7(a) for dealership acquisition — take over the dealer down the street and consolidate market share.
Service is the highest-margin part of your business. Fund the build-out and turn it into a recurring revenue machine.
Cash to recondition, market harder, or take the loss strategically — instead of slowly bleeding floor plan interest.
Dealer plates, registration fees, MV-50s — paid the day they're due, never the cause of a stuck deal.