CarBucks
- Company typePrivate
- Founded2004
- HeadquartersGreenville, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
CarBucks firmographics
Firmographics- Name
- CarBucks
- Legal name
- First Bank dba CarBucks
- Website
- https://usecarbucks.com
- Company type
- Private
- Founded year
- 2004
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
CarBucks industry classification
Industry- Product category
- Auto Dealer Floor Plan Financing
- NAICS
- Sales Financing (522220), Sales Financing (52222)
- SIC
- Short-Term Business Credit Institutions (6153)
- akta.pro primary industry
- Dealer Floorplan & Inventory Financing (FSAKADAD)
Keywords
Where CarBucks is headquartered
LocationHeadquarters
- HQ city
- Greenville
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
CarBucks business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Floor Plan Financing Interest: CarBucks provides floor plan financing to independent auto dealers for the purchase and holding of their inventory. Revenue is generated through interest charges on the loans used to finance dealership vehicle inventory.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | $35 Quick Turn option for fast turnaround financing |
| Subscription | Pay-as-you-go | Long-term floor plan with no curtailments |
| Usage-based | Pay-as-you-go | Example cost comparison for $10,000 purchase |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels3 records
CarBucks product offering
Product offeringCore offering
CarBucks provides floor plan financing to independent auto dealers, supplying revolving lines of credit used to purchase and hold vehicle inventory at auction. Loans are extended up to 180 days with no curtailments and no audit fees, supported by an online inventory management system, a mobile app, and an Auction Finder that connects dealers to auctions across 22 states.
Product overview
CarBucks is a floor plan financing company offering a unified platform built around its core Floor Plan Financing product. The portfolio includes Floor Plan Financing (the primary offering with no curtailments and up to 180-day terms), the Auction Finder (connecting dealers to auctions across 22 states), the signature 60/60/60-day floorplan option, an Online Inventory Management System for tracking, and a Mobile App for account access. Supporting these is a Dealer Resources section with practical articles for independent auto dealers. The company operates as a subsidiary of First Bank (acquired January 1, 2023) and was originally founded in 2004 by former car dealers Jerry and Mary Miles.
Differentiator
Problem solved
Functional benefit
Products and services
- Floor Plan Financing Long-term floor plan financing for independent auto dealers enabling the purchase and holding of dealership inventory. Loans carry no curtailments, no audit fees, and flexible terms up to 180 days for maximum cash flow.
- Auction Finder Online tool that helps independent auto dealers locate auctions across 22 states that accept CarBucks financing, supporting inventory sourcing within the CarBucks network.
Quantifiable outcome
- Floor plans up to 180 days for maximum cash flow flexibility
- +1 more outcomes
Companies that use CarBucks
Customer profileNamed customers1 record
Segments1 record
Ideal customer profiles1 record
CarBucks technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
CarBucks partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core and minor.
- QuikTrakcorePartnership established in 2011 to expand CarBucks' footprint to locations previously not accessible by a CarBucks employee. QuikTrak enabled the company to serve dealers across a wider geographic area without needing physical staff presence in every location.
- National Auto Auction Association (NAAA)minorCarBucks displays the National Auto Auction Association logo on their website footer, indicating membership or affiliation with the organization which supports auto auctions across North America.
Scale indicators5 records
Recent moves7 records
Expansion highlights5 records
CarBucks competitors and assessment
Company assessmentEmerging players
- Sitemap Financial / Dealer Funding: Smaller specialty floor plan lenders serving independent used-car dealers with inventory lines of credit. They are emerging direct competitors to CarBucks, typically focusing on regional footprints or subprime dealer segments where CarBucks has selective underwriting.
Direct peers
- NextGear Capital: NextGear Capital provides floor plan financing exclusively to independent dealers, with deep integration into Manheim auctions (a Cox Automotive company). It competes directly with CarBucks on independent dealer inventory financing and auction-acceptance networks across overlapping US geographies.
- Automotive Finance Corporation (AFC): AFC is the largest US provider of dealer floor plan financing for independent and franchised dealers, offering inventory lines of credit, servicing, and integrated auction tools. Owned by CarMax, AFC is CarBucks' closest direct competitor in the independent dealer floor plan segment, competing head-to-head on terms, curtailments, and digital inventory tools.
- Auto Capital Services: Auto Capital Services is a US floor plan financing company that lends directly to independent used-car dealers for inventory acquisition. It competes with CarBucks on terms, geographic coverage, and dealer relationships in overlapping independent dealer segments.
Others
- Dealertrack (Cox Automotive): Dealertrack is a dealer technology and DMS platform owned by Cox Automotive that handles deal structuring, F&I, and inventory management. It is adjacent to CarBucks rather than a direct competitor, but its dealer-facing tools overlap with CarBucks' online inventory management offering and represent the broader software ecosystem CarBucks' tools compete within.
Broad incumbents
- Westlake Financial Services: Westlake Financial is a large subprime auto lender that also operates a dealer floor plan subsidiary serving independent dealers. As a broader incumbent in auto finance, Westlake offers CarBucks comparable floor plan products alongside a much larger consumer lending portfolio, making it a wide-incumbent peer rather than a pure-play floor plan competitor.
- TD Auto Finance: TD Auto Finance is the captive lending arm of TD Bank offering dealer floor plan and indirect consumer lending. As a large bank-owned finance company, it competes with CarBucks on dealer floor plan lines for franchised and larger independent dealers.
- Cox Automotive / Manheim: Cox Automotive owns Manheim (the largest US auto auction network) and NextGear Capital, giving it deep exposure to both the auction infrastructure and dealer floor plan financing that CarBucks serves. It is a broad incumbent that competes with CarBucks via multiple channels including auction financing acceptance and dealer inventory tools.
- CarMax Auto Finance: CarMax is the largest US used-car retailer and parent of AFC. While CarMax primarily sells through owned stores, its captive floor plan arm (AFC) competes with CarBucks for independent dealer financing share, making CarMax a broad incumbent in the dealer financing ecosystem.
- KAR Auction Services: KAR Auction Services operates ADESA, a major US auction network that competes with Manheim for dealer inventory sourcing. As an auction incumbent with adjacent financing capabilities through partner floor plan lenders, it shapes the same ecosystem CarBucks participates in.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
CarBucks social profiles
Digital presenceCarBucks financial estimates
Financial estimateRevenue estimate
Valuation estimate
CarBucks leadership team
Management profileNumber of profiles
Profiles3 records
CarBucks funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CarBucks M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about CarBucks
What does CarBucks do?
CarBucks provides floor plan financing to independent auto dealers, supplying revolving lines of credit used to purchase and hold vehicle inventory at auction. Loans are extended up to 180 days with no curtailments and no audit fees, supported by an online inventory management system, a mobile app, and an Auction Finder that connects dealers to auctions across 22 states.
Is CarBucks a public or private company?
CarBucks is a private company. It is classified as corporate owned and is currently operating.
When was CarBucks founded?
CarBucks was founded in 2004. It employs 11 to 50 people.
Where is CarBucks based?
CarBucks is headquartered in Greenville, United States, in the North America region.
How does CarBucks make money?
One revenue line is on record: floor Plan Financing Interest.
Who are CarBucks's main competitors?
Sitemap Financial / Dealer Funding is listed as an emerging player. Direct peers are NextGear Capital, Automotive Finance Corporation (AFC) and Auto Capital Services. Dealertrack (Cox Automotive) is listed as an others. Broad incumbents are Westlake Financial Services, TD Auto Finance, Cox Automotive / Manheim, CarMax Auto Finance and KAR Auction Services.
Does CarBucks have an API?
No public API is recorded for CarBucks.
What industry is CarBucks in?
CarBucks's product category is Auto Dealer Floor Plan Financing. Its primary akta.pro industry code is FSAKADAD, Dealer Floorplan & Inventory Financing. Its NAICS code is 522220 and its SIC code is 6153.