News

Key Independent Auto Dealer Floor Plan Metrics

June 28, 2018

Many auto dealers have procedures in place to track dealership efficiency and profitability. For example, most dealers keep a careful eye on...

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NextGear Capital Announces New Auditing Tool

June 19, 2018

To make a challenging audit process easier, NextGear Capital will be introducing a self-reconciliation tool that saves dealers time and provides them...

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Comparing Floor Plan Lenders

May 31, 2018

Floor planning partners are often an integral part of dealership operations. Comparing various floor plan lenders and choosing a floor...

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Common Independent Dealer Floor Plan Mistakes

May 24, 2018

Independent dealers are in control of how they use their floor plans. Compared to using cash, floor plans have the ability...

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New Audit Improvements Add Flexibility for Dealers

May 18, 2018

Though audits are a fundamental part of the floor planning process, they shouldn’t consume more time from a dealer than necessary.

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Managing an Auto Dealer Floor Plan Line of Credit

May 10, 2018

Floor planning empowers independent auto dealers to simply fund and stock dealership lots with in-demand inventory. Though it’s exciting to finally be...

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Boost Profits & Turn Times With Floor Plan Lending

May 3, 2018

Car dealers work tirelessly to protect and improve turn times and overall dealership margins. Over time, many dealers develop and implement...

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The Advantages of an Auto Dealer Line of Credit

April 26, 2018

Almost every dealer has a preferred type of capital they use when purchasing inventory. Some prefer cash, a standard bank loan,...

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Growing Business with Auto Floor Plan Lending

April 19, 2018

To build a profitable and thriving dealership, auto dealers have to utilize a number of tools. Some of these tools handle...

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