Dealer Finance
Whether you need floorplan financing, facility upgrades, deposit & treasury solutions, looking to make an acquisition or facilitate a succession, our bankers are ready to provide strategies and solutions tailored to your Auto, RV, and Marine dealership.
Auto
RV
Marine
With a dedicated team of bankers serving dealerships, we understand what makes your industry unique, from varied buying cycles to geographical nuances, as well as how these factors impact your cash flow. That’s why we tailor our approach to your inventory cycle. We listen to what your needs are and work with you to develop the solutions right for your dealership, from funding a growth strategy to financing an acquisition or facilitating a succession.
BMO’s online floor plan system provides real-time access to transactions, specific vehicle information and statement generation, allowing you to better manage and track your inventory.
With BMO’s fully integrated cross border Canada-U.S. capabilities, we are well equipped to assist Canadian dealerships looking to expand into the United States. Dealership Finance's wealth management solutions help manage your personal finances as your needs evolve on both sides of the border.
With nearly 40 years of experience in serving the industry, BMO has been a stable, reliable and committed resource for dealerships.
Dealer Finance Offerings
Floorplan Loans
To finance new and used vehicle inventory, vehicle exporting to Canada, including flexibility to meet seasonal requirements.
Term Loans
To finance a wide range of needs including items ranging from fixed asset purchases to renovation and construction of premises.
Acquisition Financing
To support goodwill financing, share purchases, and recapitalization.
Operating Loans
Meeting day-to-day liquidity needs.
Wholesale Lease Loans
To finance dealership in-house lease and daily rental vehicle portfolios.
Dealer Finance Experts
For dealer finance experts in Canada, please visit our Canadian Dealer Finance page.
BMO has a full range of products and services to provide for a dealership’s financial needs, including specialized acquisition financing strategies:
Floorplan, mortgage, acquisition, lease/rental lines and equipment loans along with a full suite of cash management services.
Proven expertise in acquisition financing for dealership growth: both new locations and to buyout partners.
Flexible lending parameters, including being comfortable lending against franchise value and cash flow, where appropriate
Ability to leverage a dealer’s existing business and cash flow to help reduce the equity requirements associated with an acquisition
A holistic approach to evaluating a dealer’s financial profile, ensuring financing solutions are aligned with long-term objectives
Collaborative approach with a dealer’s existing advisors, with the ability to provide introductions to additional specialists as needed
Our regional structure (East, Central, and West) ensures local market knowledge combined with the scale and resources of a national platform. We have relationship managers located in 13 cities across the U.S.
