CIA Autoplex is an independent dealership located in Brandon, Mississippi, population 23,000, located east of the state capitol, Jackson. The dealership usually stocks 150-180 high-quality used vehicles selected by President and Owner, Cliff Awabdy.
CIA Autoplex owes much of its success to partnering with NextGear Capital for its floor planning needs. That relationship began in 2007 when NextGear Capital provided $100,000 to stock the dealership with a modest inventory of 10-15 vehicles. Today, their floor planning partnership provides the capital for CIA Autoplex to routinely stock 150-180 vehicles, with the goal of increasing their average inventory to 200 in the near future. The dealership is also developing a new location which will be located in nearby Madison, MS where Awabdy plans to eventually stock 200 additional vehicles.
Awabdy says that choosing NextGear Capital over competing floor plan providers in the region has been key to the dealership’s smooth and aggressive expansion. According to Awabdy, his search for the right floor plan provider came down to two partners. “A defining moment was when NextGear Capital Account Executive, Ronnie Holliday, separated himself from the competition,” Awabdy says. “NextGear stepped up when the other company just couldn’t handle it.”
According to Awabdy, NextGear Capital beat out the competition to earn his business because of their desire to form a relationship based on the dealership’s specific needs, trusted local market expertise and a willingness to grow the partnership as CIA Autoplex grows its footprint.
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