Financial Floor Plan Definition

Floor plan financing is also done for large appliances mobile homes and boats among other items and these products are usually sold to consumers with a financing contract.

Financial floor plan definition.

A floor in finance may refer to several things including the lowest acceptable limit the lowest guaranteed limit or the physical space where trading occurs. Floor planning is a form of financing for large ticket items displayed on showroom floors. For example automobile dealerships utilize floor plan financing to run their businesses. Architectural drawings showing the layout of the floor s in a building locations of load bearing walls and or required fire walls dimensions for all walls locations and swings inward outward which side the hinges are on for all doors and locations of windows.