Tamarack Technology launches wholesale financing tool for dealers

Tamarack Technology, an equipment finance software and service provider, has launched DataConsole FloorPlan, a business intelligence tool aimed at improving efficiency and wholesale finance strategies for dealers.

Part of Tamarack’s broader DataConsole suite, FloorPlan delivers real-time insights to help equipment finance teams manage wholesale capital deployment by monitoring dealer performance, inventory age and conversion metrics, according to a Tamarack release today. The platform aggregates data from lease origination systems, accounting platforms and wholesale finance systems to offer a fully integrated operational view.

“Wholesale financing plays a vital role in supporting dealer networks and driving retail originations,” Tim Appleget, director of SaaS products at Tamarack, stated in the release. “In a higher interest rate environment, the cost of carrying inventory has become a major challenge. Our platform gives clients visibility into aging and retention issues, enabling them to act proactively.”

FloorPlan features customizable dashboards, 24/7 online access and a mobile-friendly interface. Users can also track credit utilization, item status and aging invoices, while tailoring the tool through co-branding options.

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