AP Equipment Financing Celebrates 1 Year of Wholesale Floorplan Program

AP Equipment Financing is celebrating the success of its wholesale floorplan program, spearheaded by floor plan operations manager Rena Waples. Since Waples joined the team in 2023, the program has garnered significant interest from dealers and suppliers looking to expand inventory and increase the volume of sales. By December 2023, the AP floor plan program saw an increase of 28.6% in volume.

AP Equipment Financing has established several new manufacturer relationships under Waples’ leadership since 2023 and is working to develop additional relationships to hit its target growth for 2024. Waples foresees adding additional staffing as growth continues by mid-year, enhancing the ability to provide outstanding service and support to AP customers.

“We’re thrilled by the interest and response we’ve received for our Wholesale Floorplan program,” Waples said. “As we continue to evolve and expand, we remain committed to providing innovative financial solutions that empower manufacturers and dealers to thrive in the industry.”

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Terry Mulreany
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