News

Articles

You Need More Than a Just Floor Plan Company

May 2, 2019

Traditionally, when thinking about a floor plan company, dealers think about inventory financing for the vehicles they purchase. Though this is...

Read More
Getting the Most out of Floor Plan Financing

April 25, 2019

Floor plan financing gives car dealers the flexibility to grow their business by relieving cash flow issues and acquiring additional inventory.

Read More
Improve Turn Times with Used Car Reconditioning

April 18, 2019

Getting a vehicle ready for the front lines of your dealership lot isn’t a simple task. There are repairs, interior and exterior...

Read More
Managing the Cost of a Dealer Floor Plan

April 4, 2019

As a business owner, automotive dealers must keep track of a variety of vendors, invoices, audits, payments and bills. Though implementing...

Read More
Aged Used Inventory Management Tips for Dealers

March 28, 2019

Used car dealers have the unique challenge of continuously balancing cash flow and inventory. Though maintaining cash flow can be difficult, managing...

Read More
NextGear Capital Names Top 10 Floor Planned Vehicles of 2018

March 21, 2019

Carmel, Ind., March 21, 2019 — While every dealer approaches inventory selection differently, key trends emerged last year that help illustrate which...

Read More
How Independent Car Dealers Can Improve Turn Time

March 14, 2019

Most car shoppers prefer to do their vehicle research online and do as much paperwork as possible before they ever step into...

Read More
Floor Plan Vehicles: Cash Holds You Back

March 7, 2019

It can be incredibly satisfying owning all the cars on your dealership lot. You won’t owe fees, interest or curtailments, and when...

Read More
Buy More & Buy Right With A Flooring Financing Plan

February 28, 2019

The more vehicles a dealer can stock on their lot, the more opportunities there are to make a sale, and ensure...

Read More
The Floorplan Finance Process at Online Car Auctions

February 21, 2019

One of the key advantages floorplan financing offers is the ability to pay for inventory across both physical and digital auction...

Read More