Established in 1849 in Detroit—the world’s automotive capital — Comerica Bank is proud of our long-standing commitment to the automobile dealership industry. For over half a century, we’ve been tailoring financial solutions for dealerships of all sizes throughout the United States.

Our dedicated National Dealer Services group thoroughly understands the specific financial needs of your industry. Our seasoned relationship managers will provide you with exceptional customer service in helping you manage your growth, your cash, your operational risk and your personal wealth.

We are one of the largest non-captive providers of wholesale financing to dealerships, and a nationally recognized leader in customer satisfaction for floorplanning. We offer comprehensive credit and cash management services, specifically designed for dealerships. And to best serve you, we operate loan production offices in key automotive markets around the country.

Dealership Financing

  • Floorplan inventory financing of new, demo and used vehicles
  • Acquisition financing
  • Real estate financing
  • Lease and working capital lines
  • Personal lending, trust and wealth management products
  • Fixed or floating rate programs
  • Interest rate hedging products to lock in rates for extended periods

Treasury Management Services

  • Dealership cash can be concentrated in a loan offset account, minimizing floorplan interest expense
  • Same-day access to excess prepayment funds
  • Online information reporting and payments with Comerica Treasury Information ReportingTM and Comerica Treasury Payments®
  • Additional treasury management solutions to integrate all of your payables:
    • Integrated Payables WebSM
    • Remote deposits with Comerica Business Deposit Capture®
    • Commercial Card programs
    • Image services
    • Fraud protection with Positive Pay and ACH Floorplan Positive Pay

Merchant Card Services

With Comerica Merchant Services, your dealership will benefit from enhanced payment solutions to incorporate new technologies and expand sales opportunities. Engage with one of our trusted advisors today and learn how you can strengthen your business through card payments.

  • Leverage emerging forms of mobile and alternative payments
  • Ensure that your current solution meets the EMV mandate and other regulatory requirements
  • Integrate merchant solutions on your dealership floor, such as tablets in the service bay
  • Online tools for reporting, managing PCI compliance, and responding to chargebacks
  • 24/7 customer service, and dedicated relationship management

Dealer Access System

  • Online convenience for floorplan management
  • Initiate loan requests and make loan payments
  • Review loan portfolio information
  • Generate monthly statements, including floorplan and offset account summaries and detail
  • Print reports and download information to PDF or Excel® formats

Floorplan Audits

  • Same-day reporting results
  • Vehicle payoff status report upon audit completion
  • Online audit tracking log

Dealership Financial Reviews

  • Annual review/recommendations to monitor internal bookkeeping and accounting practices
  • Cost benefit analysis for advanced products and services

Centralized Dealer Services Support

  • Efficient daily processing of all funding and payoff activities
  • Prompt resolution of problems/inquiries
  • Assigned representatives who take the time to learn the nuances of your back office processess