News

Blogs

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...

Read More
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,...

Read More
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...

Read More
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...

Read More
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...

Read More
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...

Read More
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...

Read More
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...

Read More
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...

Read More
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...

Read More