Anderlini Chrysler Dodge Jeep Ram
Overview
| Deal Type |
Commercial Lending |
|---|---|
| Size |
$11 Million Senior Secured Credit Facilities |
| Client & Transactional Partners |
Anderlini CDJR |
| Our Role |
Sole Lender Treasury Services |
Summary
As a first-time dealership buyer, Cody Anderlini needed a financing relationship capable of structuring a complex acquisition package while providing the guidance and flexibility required to navigate the purchase process. Throughout his career, he had been told that buying a franchise store was “next to impossible,” that he was “too young to be approved,” and that ownership was a goal that would have to wait for years. KeyBank's dealer finance team took a different view.
Working closely with Anderlini and his advisors, KeyBank structured a customized financing solution for the acquisition of the Chrysler Dodge Jeep Ram franchise (now Anderlini Chrysler Dodge Jeep Ram) in Angola, Indiana, combining floorplan financing, real estate financing, and term debt into a comprehensive package tailored to the transaction. KeyBank was strategic throughout the process, helping navigate the complexities of a first acquisition while maintaining a solutions-oriented approach from initial discussions through closing.
“Kevin Ringenberg [KeyBank, Great Lakes Region Manager, Dealer Services] tuned out the noise, believed in me, and helped navigate my first of many acquisitions to come,” said Anderlini. “From the very beginning, through closing, and even now post-close, I could not ask for a better banking relationship.”
In addition to acquisition financing, KeyBank provided depository, treasury management, and other banking services to support the dealership’s long-term operational needs.
“The entire KeyBank team, from customer service to executives at corporate, have been open-minded, solution-focused, technologically progressive, and instrumental in my team and its success,” Anderlini shared.
Today, at age 35, Anderlini is one of the youngest first-generation Stellantis dealers in the country. His successful acquisition demonstrates how KeyBank’s industry expertise, relationship-driven service, and willingness to see opportunity where others see obstacles can help emerging automotive entrepreneurs achieve ambitious ownership goals and build a foundation for future expansion.
Banking products and services are offered by KeyBank National Association. All credit products are subject to collateral and/or credit approval, terms, conditions, and availability and subject to change.
