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Press Releases

NextGear Capital, St. Jude Children’s Research Hospital Partner for Inaugural National Charity Week

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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NextGear Capital Announces New Auditing Tool for Dealers

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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NextGear Capital Offers Industry-First, Faster Funding Process for Dealers

April 12, 2018

To save time and speed up the funding process for dealers purchasing vehicles through non-auction channels, NextGear Capital is introducing faster funding...

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NextGear Capital Enhances Dealer Inventory Experience through Account Portal and 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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NextGear Capital Honors 2017 Auction Partner Award Winners at NAAA Used Car Week Convention

November 16, 2017

NextGear Capital, a Cox Automotive brand, presented the fifth annual Auction Partners Awards at the 2017 National Automobile Auction Association (NAAA) Used...

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Independent Dealers Simplify Business Operations and Increase Cash Flow Using Transportation Financing Solution

November 16, 2017

Since launching a first-of-its-kind automated transportation financing solution earlier this year, NextGear Capital has processed more than 14,500 transactions from independent...

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NextGear Capital Announces New Transportation Financing Solution

June 14, 2017

To help independent dealers free up cash flow and simplify their business operations, NextGear Capital is partnering with Ready...

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NextGear Capital Closes $400 Million Securitization

May 3, 2017

NextGear Capital, a Cox Automotive brand, announces that the NextGear Floorplan Master Owner Trust successfully completed the sale of $400 million of...

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NextGear Capital Launches Enhanced Website for Dealers

April 20, 2017

To better support independent dealers, NextGear Capital has launched an enhanced website that delivers more convenient access to information. Its value-added tools...

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NextGear Capital Selects Mackie to Drive Future Sales Growth

March 27, 2017

To support future growth in the inventory-financing sector, NextGear Capital today announces Lisa Mackie will fill its newly created vice president...

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