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  FLEX PRICING A floor plan that flexes for you with deferred payments Flex Pricing lets you defer interest, advance-related fees, and principal paydowns until vehicles are due for payoff or an extension is granted, helping you keep cash in-hand longer, and source even more inventory.1 Deferred Payments Manage your cash flow the way you like…
  
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Home / Resources / Page 11

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NextGear Capital Enters Agreement with CarMax Auctions

NextGear Capital has announced a new agreement with CarMax. The agreement with CarMax, the nation’s largest retailer of used vehicles, will allow dealers to use their NextGear Capital lines of credit at all 68 CarMax auction locations. NextGear Capital floor plans are currently accepted at over 1,000 live and online auctions, and may be used…

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NextGear Capital Expanding in Carmel

CARMEL, Ind. (Aug. 19, 2015) – NextGear Capital, an automotive financial services provider for auto dealers, announced plans today to add up to 200 new jobs by 2018. The company plans to make substantial investments exceeding $50.88 million to lease and renovate its corporate offices in Carmel to support its growing customer service and technology…

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Floor Planning 101

The automotive industry is very unique in that it is one of the few industries where commercial loans are abundant and relatively easy to qualify for. Whether you are just starting out or looking to grow your business, it is likely you will be able to find the capital needed to stock your dealership. Yet…

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