Who is NextGear Capital?
NextGear Capital is the world’s leading independent inventory finance company, providing flexible lines of credit for dealers to purchase new and used inventory throughout the U.S., Canada and the United Kingdom.
NextGear Capital delivers innovative solutions that empower dealers like you to buy and sell inventory with versatile lines of credit that can be used at over 1,000 auto and specialty auctions and other inventory sources.
You can floor plan nearly any type of remarketed unit in automotive retail, wholesale, salvage and specialty, including recreational vehicles and trailers, marine, powersports, used heavy trucks, auto salvage and auto daily rentals.
NextGear Capital also provides a robust array of services and support allowing you to acquire and sell more inventory. This includes state-of-the-art online and mobile account management tools, market-specific industry and dealer performance data, title services, records management and collateral protection.
NextGear Capital is focused on service, technology and simple solutions that will help you stock more vehicles, attract more customers and close more deals.
The company is headquartered in Carmel, Indiana and is part of the Cox Automotive group of companies, which includes Manheim, AutoTrader, Kelly Blue Book and vAuto.