Spotlight
Independent Car Dealer Seeks New Floorplan, Gains Partnership
Indy Wholesale Direct began as a one-man side hustle, as owner Ben Wheat fixed up one car at a time
Jeff Widholm
President - Floorplan Financing
- First Business Specialty Finance, LLC
- subsidiary of First Business Bank
- Indianapolis, IN
About Jeff
Jeff Widholm has 15 years of experience in dealer floorplanning, primarily serving independent dealers across the United States and Canada, with responsibilities in credit, collections, sales, and operations. He brings a wealth of experience as an executive on the corporate side as a COO of a floorplan finance company and a CFO of a multi-store franchise dealership.
Jeff started his career in commercial lending with JPMorgan Chase serving middle market companies in a variety of industries. He holds an MBA from the Indiana University Kelley School of Business, and a Bachelor of Science Degree from the University of Illinois. He has served on the board of directors of the Juvenile Diabetes Research Foundation and the American Diabetes Association.
Recommended Resources
Explore blogs, articles, and news from First Business Bank's team of experts. Make business decisions based on the latest data and insights.
Article
Which Type of Floorplan Lender Fits Your Dealership?
When it comes to floorplans, independent dealers have two distinct choices: finance companies and banks.
Article
SBA Loan Down Payments: How Much is Required & Where to Get It
A comprehensive guide to SBA loan down payments, including 7(a) & 504 loans, how much you need for an SBA