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NextGear Capital salvage, heavy-duty truck portfolios grow 51% 

Salvage portfolio at $105.5M at yearend 2024

Amanda HarrisbyAmanda Harris
August 12, 2025
in Capital & Funding, Sales & Marketing
Reading Time: 3 mins read
0

Independent dealer floorplan financing provider NextGear Capital’s salvage and heavy-duty truck businesses have gained steam as floorplan lenders saw growth in the first half of the year. NextGear’s floorplan portfolios for salvage vehicles and heavy-duty trucks have both increased 51% on a dollar basis since the launch of the programs in the beginning of 2024 […]

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