Dealer Financial Services

Connecting dealers to financial capital and expertise.

Awards & Recognition

  • Top 2 Market Share Nationally: Non‑captive, Prime Auto Loans (680+ FICO)
    AutoCount, January, 2013
  • #1 Auto lender by dollars in super prime (780+ FICO) market share
    AutoCount, January, 2013
  • "An Outstanding Customer Service Experience"
    J.D. Power and Associates, 2013

Serving more than 10,000 dealers, our Dealer Financial Services team provides retail loan financing and the full range of commercial banking services to automobile and recreational vehicle dealerships across the United States.


Comprehensive Solutions

Credit & Finance
At Bank of America Merrill Lynch, we understand how important it is for you to have easy access to credit and financing solutions designed primarily for your dealer specific needs:  Our dealership financing includes:

Flexible floor plan financing

  • Competitive rates and terms for new and used vehicles
  • Structures and interest rate options to meet your needs and minimize interest expense
  • Interest rate protection

Additional comprehensive lending solutions

  • Lines of credit
  • Real estate and construction financing
  • Acquisition financing
  • Working capital
  • Equipment leasing
  • International capabilities

Treasury Management
Our dealer-dedicated treasury solutions enable you to have more control in managing your company's finances and provide your customers with a variety of convenient payment option solutions.  

Cash management 

  • Cash Pro Online and Cash Pro Mobile
  • Image services
  • Account reconciliation
  • Remote deposit service online
  • Card solutions

Merchant Services

  • Variety of acceptable credit and debit cards at your dealership
  • Advanced merchant processing technology
  • Reduced risk exposure and simplified operations

Employee benefits and wealth management
Offering your employees a comprehensive benefits program can help them achieve their long-term financial goals and optimize your dealership's performance. Below are a few of the options available to your employees.

  • Money Network™ payroll distribution
  • Retirement and benefit plan services
  • Wealth management

Direct to Consumer

Plus, if you are a preferred dealer, your dealership will be highlighted in our dealer locator portion of this site. The Bank of America Dealer Financial Services Direct to Consumer Lending online channel addresses consumers' vehicle loan needs for added convenience and flexibility. The website product pages provide visitors with more than just the bank's requirements and conditions. The site also provides general information and resources related to buying or refinancing an auto, RV, boat or aircraft.


Case Study

Hendrick Automotive Client Story Video

The long-standing Dealer Financial Services relationship with the Hendrick Automotive Group is highlighted in video showing how we have helped the company grow to be the second-largest privately held dealership in the country.


White Paper

The Brave New World of Health Care: Helping employees transition to full ownership and a long-range view of their financial wellness

This paper presents recent views from corporate leaders and CFOs about the health care crisis. It provides three key strategies for employers of every size to consider for helping employees take the reins to own their health care for immediate needs and long-term retirement.

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