Tag: floorplan financing

Floorplan financiers are facing an increase in fraudulent activity alongside an uptick in risky behavior and poor performance by dealerships.  ...

Independent dealer floorplan financing provider NextGear Capital’s salvage and heavy-duty truck businesses have gained steam as floorplan lenders saw growth ...

Floorplan lenders saw a rise in volume in the first half of the year amid strong sales, but some are ...

Used-vehicle floorplan financing could gain from tariff-induced tailwinds as dealerships prepare to shrink inventory. Floorplan lender NextGear Capital will benefit ...

Commercial auto lenders are offering benefits to dealers who use them for floorplan financing as inventory builds and costs rise.   ...

Floorplan financing provider NextGear Capital is expanding its flex pricing program to include vehicles beyond those purchased at Manheim auctions ...

Bank pullback in asset-backed lending has spurred growth for lenders that provide floorplan financing for independent dealers, while banks are ...

Independent dealership floorplan financing providers First Business Bank and NextGear Capital’s floorplan financing portfolios have grown year to date as ...