Kinetic Advantage
1 Case Studies
A Kinetic Advantage Case Study
The customer, Dream Work Automotive, an independent used car dealership in Charlotte, NC, sought to increase cash flow to purchase inventory more quickly and grow its business. The owner, TeJay Mauney, needed a flexible financial solution to fund vehicle acquisitions and cover associated costs, turning to vendor Kinetic Advantage for a floorplan service.
Kinetic Advantage provided a $750,000 floorplan, which gave Dream Work Automotive the immediate cash flow needed to scale its operations. As a result, the dealership grew from selling 50 units total in its first six months to an average of 42 units per month. The solution also provided an average of 38.9 days for a vehicle to be on the floorplan and an average of just 3 days to close an audit, demonstrating significant efficiency. The owner highlighted the excellent communication and support from Kinetic Advantage as key to the partnership's success.