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Increasing Profit Margins through Floor Planning

February 14, 2019

Skeptical dealers don’t always understand that a floor plan can be leveraged to help increase a dealership’s profit potential. The general...

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Use Self Reconciliation to Clear Audits, Faster

February 7, 2019

Floor plan financing companies request periodic audits to ensure that borrowed funds are used to purchase vehicle inventory. Though an...

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Floor Plan Vehicles to Help Save You Time

January 31, 2019

When you run a dealership, time is your most valuable resource. Finding and acquiring vehicles to stock your lot, attending to...

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NextGear Capital vs Other Car Floor Plans

January 24, 2019

When it becomes clear your dealership needs an influx of cash, determining which car floor plan source you should use becomes...

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Comparing Floor Plans vs. an Auto Bank Floor Plan

January 17, 2019

When used car dealers realize their business needs an influx of funding, they’re presented with a few different options. Most prominently,...

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How a Flooring Financing Plan Compares to Cash

January 10, 2019

Cash flow is the lifeblood of any business, but this especially rings true for automotive dealers. Used car dealers have to...

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Managing Your Floor Plan Financing Account

January 3, 2019

Once a dealer is approved for a floor plan they not only have nearly immediate access to additional funds, but they...

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Six Ways Independent Dealers Can Win in 2019

December 27, 2018

Tips for the new year from NextGear Capital’s VP of Sales, Lisa Mackie At NextGear Capital, we pride ourselves on...

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3 Ways A Car Dealer Line of Credit Works For You

December 20, 2018

Maintaining cash flow and profitability can be a delicate balance without a floor plan. Unfortunately, buying cars with cash doesn’t allow...

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Items You Need To Use Floorplan Loans

December 13, 2018

Cash flow is the lifeblood of any business and for automotive dealers, a floorplan loan is key to getting needed funds...

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