Business Financing for Georgia Auto Dealerships

Purchasing and carrying inventory comes at a very high cost, making owning and operating an auto-dealership challenging with unique and specific hurtles to overcome. Cash flow is absolutely necessary for your business to operate effectively, but if you are like most dealerships, getting approval for financing is a challenge. Banks, as well as traditional lenders, rule out loans to small businesses operating in the auto-dealership industry. Floor planning is a challenge, and once you get behind on payments, you may lose your inventory. Avoid over-extending yourself on floor line planning and contact Greenbox Capital for safer and affordable funding solutions. 

We proudly offer auto industry-friendly financing to automotive dealers in the US, Canada, and Puerto Rico. Small businesses are no doubt the lifeline of the US economy, and we want to keep them going strong. The key to the health of your business is having the agility to keep up with demands and trends in the economy. The only way to do this is to have access to working capital immediately. As fast as a price change in petrol, so do consumer vehicle choices. Worldwide economic factors also impact the cost of the vehicle inventories. Having cash available when you need it, enables you to focus on your growth and strategy.

Greenbox Capital provides you access to cash for your business in as little as 24 hours! Bad credit does not mean you will be automatically disqualified from an unsecured merchant cash advance¹ or short-term small business loan². Funding ranging from $5,000 all the wat to $250,00 is available to dealerships by way of unsecured loans and business cash advances. The application is easy! As a non-bank alternative lender, Greenbox Capital has the ability to create funding programs that are designed to help you qualify. Our requirements are not strict. In fact, dealerships can be eligible if they have been in business for a minimum of six months. Having bad credit, as well as personal bankruptcy, is not an automatic disqualifier. Our winning team of small business financing experts look at the grand picture of your business; this includes your potential for success, cash flow and revenues, all while determining the details of your advance.

Access to Capital Helps Georgia Businesses Compete

The truth is, cash is tight for most small business owners in all verticals. However, Georgia based car dealerships face unique circumstances. In order to stay competitive, business owners need to be able to provide customers with relationships and services that set themselves apart from others. Even with digital marketing and e-commerce car sales on the rise, there still needs to be a personal service that a local dealership offers; as well as profiting from the digital car buying revolution!

Make Your Georgia Automotive Dealership Stand Out

  • Offer free, at home car delivery Service
  • Develop your own custom pre-owned warranties
  • Offer convenient Buy Here Pay Here financing
  • Add car repair services and offer buyer incentives
  • Negotiate a deal with local towing companies and offer free emergency road service
  • Launch a digital marketing campaign

No matter what strategy for success and growth you have, Greenbox Capital aims to offer the right financing solution to boost your dealership’s business. To make the loan as easy as possible, we don’t restrict how you use the funds. If, however, you would life guidance as to how to use the funds, we are more than happy to help. You can cover payroll, use it for marketing, or drop your prices for a clearance sale; it is 100% up to you.

Asset backed financing (Collateral-Backed Financing) is an option for lower rates or for dealerships with less revenue and cash flow. Ask us about collateral-backed financing if your credit card receipts or sales volume aren’t strong enough for an unsecured merchant cash advance or small business loan.

Special Greenbox Capital Programs

3 Stip Business Cash Advance

  • Requires a voided check, driver’s license and bank account verification
  • Up to $30,000 cash
  • In business for more than 2 years
  • No NSFs, overdrafts, or negative days
  • No dealerships with large lease payments
  • Established business background
  • No negative information found regarding the dealership or its principals

Escrow Program Merchants can get funded prior to paying off an existing cash advance with another lender

Early Pay-off Program Options to pay off at 30, 60, or 90 days from the date of funding to receive a discount. For every 30 days that the advance is paid early, the merchant can receive a factor rate reduction.

Business Line of Credit Get approved for up to $250,000, but only withdraw funds as needed. Businesses can withdraw less than the full amount they are approved for and continue to access more cash fast, without having to repay 50% of the approved amount, as needed; as long as the business health remains unchanged or improves.

¹ Greenbox Capital Merchant Cash Advances may not be available in all regions of the United States or Canada.
² Greenbox Capital Small Business Loans may not be available in all regions of the United States or Canada.

For a free consultation, please complete our application or contact our Merchant Account Service Team.