Jump Start Your New Business
NextGear Capital knows how challenging getting a dealership off the ground can be. That’s why in October 2020 we launched a program specifically for dealers who are new to the independent dealership landscape. First Gear provides the needed access to capital to help dealers new to the industry get their business off the ground.
Check out the video below to learn how First Gear works.
Get Your Business Moving Forward:
|Available to independent dealers who’ve been in business for 6 months or less.|
|Floor Plans free up your finances so you can grow your business..|
|Get approved for up to a $100,000 line of credit initially without submitting bank statements.|
|After introductory period, your line of credit will be evaluated and adjusted as needed.|
|Your floor plan provides you with the cash flow to get the inventory you need, and the flexibility to choose where you source from.|
Click here for terms and conditions
*Certain conditions apply. All rights reserved. Dealers should refer to the terms and conditions of their Demand Promissory Note and Loan and Security Agreement (“Note”), the applicable Advance Schedule (defined in the Note) and any other written agreements with NextGear Capital, for complete details, terms and conditions. First Gear is available only for dealers who have been in the automotive business for 6 consecutive calendar months or less. NextGear Capital reserves the right to modify or terminate this offering at any time. This offer has no cash value. Notwithstanding anything herein to the contrary, Flex Pricing is not available to New York or South Dakota dealers. All advances made in California by NextGear Capital are made pursuant to NextGear Capital’s California Finance Lender License, #603G505.