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Next Gear Capital. Powering you wherever you want to go next Get a $250 reward by referring a dealer to NextGear Capital. Receive a $250 credit when...

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Nextgearcapital.com news digest

  • 5 years

    Maintaining Profits With a Floor Plan Loan

    Cash flow is typically the lifeblood of any business. Though there are many factors that play into a dealer’s profitability, the dealers that consistently manage their operations and their floor plan loans have much better chances of success. Dealers...

  • 5 years

    Take Charge of Your Audits with Self Reconciliation

    NextGear Capital’s Self Reconciliation solution was built to give dealers more control over the auditing process. With the power to reconcile units from the palm of your hand, soon you can begin accounting for vehicles on your lot, your way.
    Most floor plan financing companies have an auditing process in place to protect the funds allocated for dealer’s retail or wholesale inventory. On occasion, there are scenarios where a vehicle isn’t immediately available for an auditor. When that happens...

  • 5 years

    5 Traits of Healthy Auto Floor Planning Dealers

    Every dealer uses a few different metrics to evaluate the success of their business. A floor plan is a crucial part of your dealership’s operations, and there are a few key characteristics that indicate the condition of your auto floor planning account...

  • 5 years

    Dealers Embrace Digital Technology to Maintain Cash Flow and Drive Business

    NextGear Capital’s funding feature for non-auction purchases, Rapid Pay, has financed more than $1 billion in inventory so far this year. The overwhelming adoption of this industry-first feature reflects dealers’ growing use of digital technology to...

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Updated: April 03, 2024
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Created: February 11, 2008

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