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August 23, 2018
A used car dealer floorplan financing partner will often give dealers the cash flow infusion they need to take their dealership...
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August 16, 2018
Shrinking margins put increasing pressure on dealers to buy in-demand vehicles at reasonable prices, and sell inventory faster than ever. Some...
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August 10, 2018
NextGear Capital and St. Jude Children’s Research Hospital are rolling out a first-of-its-kind charitable promotion the week of Monday, Aug. 13. The...
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August 9, 2018
The rising costs of acquiring inventory mean compressed margins for dealers, and an increased focus on methods to improve profits. For...
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August 2, 2018
For dealers that purchase inventory with cash, dealership cash flow primarily hinges on a dealer’s ability to sell vehicles for more...
Read MoreJuly 25, 2018
Experienced dealers accept that in order to keep business going, they need a stable stream of inventory to keep their lots...
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July 19, 2018
Dealers looking for additional capital have a number of options to consider, and many floor plan providers offer funding...
Read MoreJuly 12, 2018
Managing the daily operations of a dealership can be hectic! Dealers see their time as more valuable than ever, and hate the...
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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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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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