Lever Auto provides a software platform for auto dealerships to manage their operations and finances. Their system aims to streamline workflows and improve business management for car dealers.
Funding
Funding not disclosed
Founders
Product
Problem
Independent auto dealerships often face challenges in securing affordable and flexible financing for their vehicle inventory. Traditional floor plan financing options can include per-unit fees and complex terms, hindering growth and making cash flow management difficult.
Solution
Lever Auto provides subscription-based floor plan financing designed to help independent auto dealers acquire inventory and manage their business more effectively. Their program offers fee-free flooring, eliminating per-unit charges and providing transparent, predictable monthly costs. The platform includes digital tools for purchasing, inventory management, self-auditing, payments, and reporting, streamlining operations and saving time. Lever Auto also provides dedicated account representatives available to assist dealers with financing strategies and support.
Target Audience
The primary target audience is independent auto dealerships looking for transparent, flexible, and cost-effective floor plan financing solutions to grow their business.
Features
- Flat-rate subscription pricing with no per-unit flooring fees
- Digital dealer portal for inventory management, purchasing, and reporting
- Streamlined four-step flooring process
- Title management system
- Self-audit application for efficient inventory tracking
- Integration with auto auctions for easy vehicle acquisition
- Dedicated account managers providing personalized support