FINANCE PROGRAMS
Flexible financing for independent dealers
No two dealerships are exactly alike. That’s why NextGear Capital offers financing plans fit to your unique needs, and customizable terms built to help you reach your full potential. 1
Automotive Imports
Floor Plans
Standard Pricing
Get floor plan terms tailored to your needs and preferences
Our standard floor plan, with terms customized to your dealership’s unique needs, goals, and purchasing preferences.
Flex Pricing
Keep cash in-hand longer with deferred payments
Flex Pricing allows you to defer paying principal pay-downs, floor plan advance-related fees, and interest on every vehicle you floor, until the unit becomes due for payoff or an extension is granted. Click below for details and conditions.
Floor Plan Options
Customize your floor plans with these additional options.
First Gear
Get your new dealership off the ground with accessible credit
Our First Gear program provides dealers who have been in business for 12 months or less with an introductory line of credit, without the standard amount of paperwork or bank statements at time of application.2 Click below for details and conditions.
Tiered Pricing
Save with fees based on vehicle purchase price
Tiered Pricing makes floor plan fees more flexible by basing them on vehicle price, rather than promotions, freeing up even more cash and helping increase your profit margins.3
Additional Offerings
These optional offerings give you even more personalization and buying power.
Lienholder Loan Payoff
Make every trade-in opportunity simple and streamlined
With the Lienholder Loan Payoff Program, we’ll handle every step of the consumer loan payoff process, so you can focus on acquiring and selling more vehicles. And with opportunities to receive the positive equity in trade-ins, the program pays for itself!4
Collateral Protection
Get your inventory protected from physical damage
Collateral Protection protects eligible floored vehicles5 from physical damage due to flood, earthquake, windstorm, hail, and theft, giving you peace of mind as you continue to floor vehicles and grow your inventory selection.
What’s Covered
Our plans can cover a variety of transactions, vehicles, and dealer types.
Transactions
- Auction
- Dealer to dealer
- Lienholder loan payoff
- Consumer loan payoff
- Trade-in
Vehicles
- Retail
- Wholesale
- Salvage / rebuilder
- Commercial heavy-duty truck & equipment
Dealers
- New in business
- Independent dealers
- Large dealers
Plan Comparison
With two primary floor plans, multiple financing options, plus additional offerings, find exactly what you need to power your dealership forward.
Available to All Term Plan Offerings |
Tailored to Your Business |
Available at 1,000+ Auctions |
Variety of Terms |
Competitive Interest Rates |
Deferred Payments on All Units |
Simplified Payment Calendar |
Simplified Fee Schedule |
Standard Pricing | Flex Pricing |
|---|---|
Want to dive deeper? Explore Flex Pricing or check out First Gear
1 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 and any other written agreements with NextGear Capital, for complete details, terms and conditions. For certain source options referenced, you must be set up for non-purchase money financing to be eligible. All Advances made in California by NextGear Capital are made pursuant to NextGear Capital’s California Finance Lender License, #603G505.
2 Certain conditions apply. First Gear is available only for dealers who have been in the automotive business for 12 consecutive calendar months or less. Eligibility is in NextGear Capital’s sole discretion. All advances are subject to the terms and conditions of your Demand Promissory Note and Loan and Security Agreement and other Loan Documents with NextGear Capital. An initial, introductory line of credit in the amount of the greater of $50,000 or the minimum allowed by law in dealer’s state without submitting bank statements or records. NextGear Capital reserves the right to modify or terminate this offer, without notice and at any time. For complete details, terms and conditions, please see your local NextGear Capital representative. Notwithstanding anything herein to the contrary, First Gear is not available to New York, North Dakota, South Dakota or Rhode Island dealers. All advances made in California by NextGear Capital are made pursuant to NextGear Capital’s California Finance Lender License, #603G505.
3 Certain conditions apply. All rights reserved. Tiered pricing is available only to eligible dealers who have signed the appropriate Advance Schedule(s) with NextGear Capital. Eligibility is in NextGear Capital’s sole discretion. Interest, Dealers should refer to the terms and conditions of their Demand Promissory Note and Loan and Security Agreement (“Note”), the applicable Advance Schedule and any other written agreements with NextGear Capital, for complete details, terms and conditions. NextGear Capital reserves the right to modify or terminate this offering at any time. All Advances made in California by NextGear Capital are made pursuant to NextGear Capital’s California Finance Lender License, #603G505.
4 Certain conditions apply. To finance trade-ins, you must be set up for non-purchase money financing.
5 The Collateral Protection Program does not provide liability coverage or property damage coverage. Please consult your state auto minimum requirements for liability and property damage coverage. See below for additional exclusions, fees, charges, and other terms and conditions.
See how you can power your dealership today
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