News

News

Why Source Inventory with Auto Dealership Financing

March 15, 2018

Dealers will often say there’s nothing like being able to touch, feel or smell a car before purchasing it to retail.

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Common Auto Dealer Finance Application Requirements

March 8, 2018

When a dealer decides to use a floor plan to improve their dealership’s cash flow, there are often a few items...

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NextGear Capital Enhances Dealer Experience through AutoPay

February 28, 2018

NextGear Capital, the largest independent inventory finance company in North America, is announcing the launch of AutoPay, a new feature within the...

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3 Benefits of Using Rapid Pay With Your Floor Plan

February 22, 2018

Sometimes the inventory your dealership has doesn’t always meet local market needs. In addition, sometimes the vehicles your market wants aren’t...

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3 Reasons Aging Inventory Management is Important

February 16, 2018

Nobody likes to lose money, and no dealer wants to lose out on profits for a vehicle or a deal. However,...

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Buying Inventory with Cash Creates Hidden Expenses

February 8, 2018

For dealers that purchase inventory with their own money, the cash flow needed to maintain and grow their dealership relies on...

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Why Use an Auto Dealer Line of Credit?

January 26, 2018

Purchasing inventory with cash on-hand is often a preferred method for a number auto dealers. Sometimes owning each and...

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Other Services Auto Dealer Financing Companies Offer

January 18, 2018

Dealers primarily utilize floor plan lenders for their lines of credit to purchase inventory. However, the relationship an auto...

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Use Your Auto Dealer Floor Plan to Your Advantage

January 12, 2018

Car dealers frequently develop and utilize systems and processes to maximize profitability. Dealer success can often be found when...

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How Floor Plans for Car Dealers Make A Difference

January 4, 2018

Used car dealers hustle each and every day to acquire and sell vehicles. Frequently, dealers will purchase vehicles with...

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