Bank of America provides floor plan financing for automotive dealerships. The service offers lines of credit for new and used vehicle inventory at competitive rates with flexible structures and interest rate options. Floor Plan Online allows dealers to manage accounts through the internet, reviewing balances, transferring funds, and making payments. The company provides automated floor plan audit technology to increase efficiency and interest rate protection products. Bank of America also offers automated auction funding through a partnership with Manheim Auctions, eliminating manual processes with no enrollment costs or ongoing fees.