NextGear Capital

Welcome to NextGear Capital

$50 Bonus When You Refer a New Dealer
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Brian Geitner, President
Brian Geitner, President

A Message From Our President

On behalf of NextGear Capital and Cox Automotive, welcome! At NextGear Capital, our mission is to create and encourage simple solutions that help our customers grow and succeed. Our versatile lines of credit can be used at more than 1,000 auto and speciality auctions in addition to other inventory sources throughout the U.S., Canada and the U.K.

Over 18,000 dealers have already partnered with NextGear Capital looking for the same thing: a simple way to floor plan. With our robust array of services, from online and mobile account management tools to title services and records management, we are dedicated to you and your dealership’s success.

At NextGear Capital, we show our appreciation for your business with a personal touch that we’re known for. Our local Account and Sales Executives have gone through the NIADA’s Certified Master Dealer program, providing them with knowledge to help you run your business, while our dedicated Customer Service representatives are ready to serve all your needs in a timely and efficient manner.

We believe that our innovative ideas will satisfy your business objectives and that our outstanding service will exceed your expectations. We pride ourselves on our level of commitment and we look forward to having you as a valued, long-lasting customer.

Welcome to NextGear Capital!

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Brian Geitner,

President

 

Local reps you can count on

Contact Info and Hours

<h1>8AM – 6PM</h1>
<h2>Your Local Time</h2>

8AM – 6PM

Your Local Time

Auction Services

Phone Icon
888.969.3721
Fax Icon
877.700.4798

Dealer Services

Phone Icon
888.969.3721
Fax Icon
877.874.0721

myNextGear Support

Phone Icon
888.969.3721

Collateral Protection

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800.815.8280
Fax Icon
866.924.4525

General Inquiries

Phone Icon
888.969.3721
Fax Icon
877.874.0714

Mailing Address

11799 North College Avenue
Carmel, IN 46032

Local Reps You Can Count On

NextGear Capital’s local representatives are dedicated to your dealership’s growth and success. Not only do they complete the NIADA’s Certified Master Dealer program, but they are committed to staying up-to-date on the latest industry trends and issues.

Contact your local NextGear Capital representative for assistance with*:

  • Applying for a line of credit
  • Line increases
  • Term modifications
  • Payments
  • Audit reconciliation
  • Reporting

Getting Started


myNextGear Login Help

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myNextGear Login Help
myNextGear
Login Assistance

Mobile Login

A password will be generated and emailed to you. Use your NextGear Capital account number, followed by your initials as your User ID.

User ID and Password can be reset in ‘My Settings’.

Desktop Login

Enter your User ID and Password and select Log In.

  • User ID and password information will be provided to you by your NextGear Capital representative upon contract signing or activation of your account.
  • Enter the email address NextGear Capital has on file for your account and answer 3 security questions.**

*These questions and answers will be documented in your account information.

myNextGear Mobile Login Help

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myNextGear Mobile Login Help
myNextGear Mobile
Usage Guide

At NextGear Capital, we understand your time is valuable which is why we’ve made it easy to manage your account 24/7 via myNextGear and myNextGear Mobile!

Need Help?

Contact myNextGear support at 888.969.3721 or mynextgearsupport@nextgearcapital.com.

Accessing Your Account

Universal Sources

NextGear Capital is accepted at over 1,000 inventory sources in North America, including Manheim, ADESA, Insurance Auto Auction, ABC Auctions, and hundreds of independent auctions (Universal Auction Sources).

For a current list of Universal Auction Sources, including online auctions, visit the Auctions page.

Specific Sources

In an effort to provide you with options that fit your needs, NextGear Capital offers additional inventory opportunities through our Specific Source Network. Maximize your floor plan with these additional sourcing opportunities:

  • Loan Payoffs
  • Trade-Ins
  • Off-Street Purchases
  • Dealer Owned Inventory
  • Rollovers from Other Lenders
  • Dealer to Dealer Purchases

How to Use Your Line of Credit *

Universal Sources

Floor planning at a Universal Source is as easy as 1, 2, 3!

Next Gear Welcome Packet Number Image

To find out if an auction is a Universal Source, go to the Auctions page on nextgearcapital.com or ask your local NextGear Capital representative.

Next Gear Welcome Packet Number Image

On sale day, let an auction representative know that you want to floor your purchase with NextGear Capital.

Next Gear Welcome Packet Number Image

The auction representative will check your credit availability, floor your transactions, and handle all the paperwork.

Specific Sources

Next Gear Welcome Packet Number Image

Submit via fax to 877.874.0721 or email fundingservices@nextgearcapital.com:

  • Copy of Bill of Sale
  • Copy of Front and Back of Title and any attachments
Next Gear Welcome Packet Number Image

Send original Title and Bill of Sale to NextGear Capital (overnight delivery recommended) to:

Attention Funding Department
1320 City Center Drive, Suite 100
Carmel, IN 46032

Next Gear Welcome Packet Number Image

Barring special circumstances, funds will be disbursed the day the actual Title and Bill of Sale arrive at NextGear Capital

*Certain conditions apply. All rights reserved. For complete details, terms and conditions, please see your local NextGear Capital representative. All advances are subject to the terms and conditions of your Demand Promissory Note and Loan and Security Agreement or other agreements with NextGear Capital. NextGear Capital reserves the right to modify or terminate this offer, without notice and at any time. All advances made in California by NExtGear Capital are made pursuant to NextGear Capital’s Finance Lender License.

Managing Your Account

On-Site Audits

During field inspections of NextGear Capital financed inventory, vehicles must be physically verified by the auditor. For units unable to be physically verified at time of audit:*

<p>Dealer will be contacted.</p>

Dealer will be contacted.

<p>Timely verification is required in order to avoid additional charges and/or interruption with your account.**</p>

Timely verification is required in order to avoid additional charges and/or interruption with your account.**

<p>Detailed location/disposition will be requested by the auditor if the unit is off-site at the time of the audit.</p>

Detailed location/disposition will be requested by the auditor if the unit is off-site at the time of the audit.

**To provide proof of vehicle possession, submit photos of the VIN, odometer, back of unit and front of unit to audits@nextgearcapital.com. Each photo should include a piece of paper listing the daily code word, which can be found at nextgearcapital.com.

How To Make Payments

Contact Us

Customer Service 888.969.3721 | customerservice@nextgearcapital.com
Our Customer Service Center can assist you with topics such as:

  • Account Management
  • Payments
  • Reporting
  • Titles
  • Audit Reconciliation

Pay Online or On The Go

myNextGear allows you to make and track payments – whether in your office or in the lanes.

*NextGear Capital financed inventory must be kept at dealer’s place of business and shall not be removed from such place for more than 24 hours absent NextGear Capital’s prior written approval. Dealer’s inventory and other pledged collateral, record and sales information will be periodically audited by a NextGear Capital representative or third party contracted by NextGear Capital. Dealer is expected to work with such field auditors and reconciliation staff during audit/reconciliation process and is responsible for all fees associated with such collateral audit process.

Frequently Asked Questions

Q:

How Can I Request to Modify My Terms?

A:

Contact your local NextGear Capital representative or our Customer Service Center at 888.969.3721.

Q:

I Need Help Logging Into My Account

A:

Passwords are case-sensitive so make sure you do not have caps lock turned on. If you’ve forgotten your password, click the “Forgot your User ID and Password?” button on the Log In page. You can also contact our Customer Service line at 888.969.3721.

Q:

Where Can I Access Support For myNextGear?

A:

Dial our myNextGear Support line at 888.969.3721 or email mynextgearsupport@nextgearcapital.com.

Q:

Where Can I View My Titles?

A:

Titles can be viewed via myNextGear by selecting the ‘Floor Plan’ tab.

Q:

How can I request a title for a unit being offered for sale?

A:

Subject to NextGear Capital’s title release policy and the terms and conditions of the NextGear Capital loan documents, qualifying dealers can contact Dealer Services at NextGear Capital prior to the sale date and request that titles be sent directly to the auction or dealership. Titles can also be requested via myNextGear or myNextGear Mobile.

Q:

How quickly will I get my titles?

A:

Once a unit is payed in full, the related title will be sent to you via Federal Express.

Q:

Am I Required to Have Physical Damage Insurance On My Units?

A:

Yes. If you are not participating in NextGear Capital’s Collateral Protection Program, you must submit evidence of physical damage insurance in the amount of 66% of your Credit Line covered, with NextGear Capital listed as Loss Payee.

Q:

I'm Going on Vacation and Have a Payment Coming Up. Can I Schedule A Payment?

A:

Yes! You can schedule future payments via myNextGear or myNextGear Mobile.

Q:

What If I Have a Question Not Covered Here?

A:

We’re here to help. Contact your local NextGear Capital representative or our Customer Service Center at 888.969.3721.

*Certain conditions apply. All rights reserved. For complete details, terms and conditions, please see your local NextGear Capital representative. All advances are subject to the terms and conditions of your Demand Promissory Note and Loan and Security Agreement or other agreements with NextGear Capital. All advances made in California by NextGear Capital are made pursuant to NextGear Capital’s California Finance Lender License.

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