Ally offers dealer loans for real estate, new equipment and working capital, as well as revolving credit lines to cover a variety of specific business needs and expenses.
Real Estate Loans
Real Estate Loans
Used for:
Acquiring new buildings or land
Funding renovations, remodeling and site improvements
Refinancing or loan consolidation
Benefits include:
Flexible terms, amortization schedules and payment options
Fixed or floating rate options
Competitive loan rates
Working Capital Loans
Working Capital Loans
Used for:
Modernizing your dealership
Upgrading your computer systems
Recapitalizing
Consolidating loans
Purchasing dealership equipment
Benefits include:
Frees up working capital
Helps leverage your equity in fixed assets
Dealership Acquisition Loans
Dealership Acquisition Loans
Used for:
Acquiring dealership assets or stock
Capitalizing new dealerships
Goodwill/blue sky purchases
Benefits include:
Customized terms to fit your needs
Fixed or floating rate options
Consideration of goodwill/blue sky and initial capitalization in loan advance
Real Estate Loans
Real Estate Loans
Used for:
Acquiring new buildings or land
Renovation, remodeling or site improvements
Refinancing or loan consolidation
Benefits include:
Flexible terms, amortization schedules and payment options
Fixed or floating rate options
Competitive loan rates
Working Capital Loans
Working Capital Loans
Used for:
• Modernizing your dealership
• Upgrading your computer systems
• Recapitalizing
• Consolidating loans
• Purchasing dealership equipment
Benefits include:
• Frees up working capital
• Helps leverage your equity in fixed assets
Dealership Acquisition Loans
Dealership Acquisition Loans
Used for:
Acquiring dealership assets or stock
Capitalizing new dealerships
Goodwill/blue sky purchases
Benefits include:
Customized terms to fit your needs
Fixed or floating rate options
Consideration of goodwill/blue sky and initial capitalization in loan advance
Electronic Revolving Line of Credit
Electronic Revolving Line of Credit
Used for:
Covering slow receivables
Addressing seasonal adjustments or expenses
Paying unanticipated expenses
Benefits include:
Instant, easy access to credit:
○ 24-hour internet access to your line of credit
○ Withdrawals up to 100% of your available limit – at any time
○ Overnight availability of funds
Interest-only payment option
The ability to pay back any or all of the line any time – without penalty
Electronic Revolving Line of Credit
Used for:
• Covering slow receivables
• Seasonal adjustments or expenses
• Unanticipated expenses
Benefits include:
• Instant, easy access to credit:
○ 24-hour internet access to your line of credit
○ Withdrawals up to 100% of your available limit – at any time
○ Overnight availability of funds
• Interest-only payment option
• The ability to pay back any or all of the line any time – without penalty
FAQs
We have answers.
Ally generally requires the borrower (or affiliated dealership) to maintain a floorplan relationship with Ally.