News

News

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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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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Utilizing Digital Auctions for Aged Used Inventory

April 5, 2018

Dealers understand that aged inventory can be a drag on a dealership. Not only does the inventory cost to stay on...

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Rapid Pay Now Features Expedited Funding on Notice of Title

March 28, 2018

Dealers utilizing Rapid Pay can look forward to further enhancements, including faster funding. An industry first, dealers floor planning their non-auction purchases...

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Why Source Inventory with Auto Dealership Financing

March 15, 2018

Dealers will often say there’s nothing like being able to touch, feel or smell a car before purchasing it to retail.

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Common Auto Dealer Finance Application Requirements

March 8, 2018

When a dealer decides to use a floor plan to improve their dealership’s cash flow, there are often a few items...

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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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3 Benefits of Using Rapid Pay With Your Floor Plan

February 22, 2018

Sometimes the inventory your dealership has doesn’t always meet local market needs. In addition, sometimes the vehicles your market wants aren’t...

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3 Reasons Aging Inventory Management is Important

February 16, 2018

Nobody likes to lose money, and no dealer wants to lose out on profits for a vehicle or a deal. However,...

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Buying Inventory with Cash Creates Hidden Expenses

February 8, 2018

For dealers that purchase inventory with their own money, the cash flow needed to maintain and grow their dealership relies on...

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