News

News

How Floorplanning Cars Can Help Save You Time

December 6, 2018

Running a dealership of any size can be hectic, and any time savings are valuable. For the most part, auto dealers...

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Why Get a Flooring Financing Plan?

November 29, 2018

A flooring financing plan not only lets dealers stock their lots with more inventory, but it reduces time spent on administrative...

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Maintaining Profits With a Floor Plan Loan

November 21, 2018

Cash flow is typically the lifeblood of any business. Though there are many factors that play into a dealer’s profitability, the...

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Take Charge of Your Audits with Self Reconciliation

November 15, 2018

NextGear Capital’s Self Reconciliation solution was built to give dealers more control over the auditing process. With the power to reconcile...

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5 Traits of Healthy Auto Floor Planning Dealers

November 8, 2018

Every dealer uses a few different metrics to evaluate the success of their business. A floor plan is a crucial part...

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Dealers Embrace Digital Technology to Maintain Cash Flow and Drive Business

November 1, 2018

NextGear Capital’s funding feature for non-auction purchases, Rapid Pay, has financed more than $1 billion in inventory so far this year. The...

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How much should you stock on your dealer floorplan?

November 1, 2018

Maintaining dealership profitability relies on dealers to continually balance their inventory and cash flow. With a floor plan, dealers have more...

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How Automotive Floorplans Enhance Your Cash Flow

October 25, 2018

Keeping your dealership in business isn’t easy, but you love the work. You find in-demand cars with decent margins, and your...

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Choosing Floor Plans or Bank Floor Plans

October 18, 2018

To help maintain current business, dealers will frequently realize they need additional funds, and quickly come to the conclusion that there...

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An Industry-Best Floor Plan Audit Process

October 11, 2018

Audits can be an inconvenient, but necessary part of having a floor plan line of credit. In the near...

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