Automobile Manufacturer secures credit facility to facilitate the opening of 2 new plants.
"Commercial Finance Partners helped us find the right supply chain finance option. "
Automobile Manufacturer
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Automotive Finance

Automotive Finance is for automobile manufacturers and related suppliers that require working capital to finance production, inventory and trade. Proceeds from Automotive Finance can be used to purchase raw materials or components, cover payroll and operational expenses as well as for acquisitions.

The most common types of automotive funding are:

The type of funding that is available to your company will depend on operating history and financial performance of the company. Companies with strong performance for the last 3 years may apply for cash flow financing which does not require the submission of borrowing base certificates or active collateral management. Companies that have had negative profits or equity can still receive funding, however, typically on a monitored basis through asset based lending or factoring.

Larger Automotive Finance credit lines are typically syndicated by one or more bank. There will be a lead agent who is responsible for administering the loan and participants who have put money into the transaction. Automotive Finance clients may be audited by the lead agent as well as by the participants individually.

While there are several forms of Automotive Finance available, each has its positives and negatives. In many cases more than one form of financing can be used to generate capital. Choosing the right working capital facility with the right lender can make all the difference.

Call us today at 561-299-1609 to discuss your Automotive Finance options.

Automotive supplier uses Automotive Finance to fund operations.

Automotive Supplier

$25,000,000 Automotive Finance

Automotive supplier secures credit facility to keep plant open.

Automotive Supplier

$18,500,000 Automotive Finance