News
August 23, 2018
A used car dealer floorplan financing partner will often give dealers the cash flow infusion they need to take their dealership...
Read MoreAugust 16, 2018
Shrinking margins put increasing pressure on dealers to buy in-demand vehicles at reasonable prices, and sell inventory faster than ever. Some...
Read MoreAugust 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...
Read MoreAugust 9, 2018
The rising costs of acquiring inventory mean compressed margins for dealers, and an increased focus on methods to improve profits. For...
Read MoreAugust 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...
Read MoreJuly 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...
Read MoreJune 28, 2018
Many auto dealers have procedures in place to track dealership efficiency and profitability. For example, most dealers keep a careful eye on...
Read MoreJune 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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