Floorplan lenders eye volume, acquisition growth in 2026Â
Floorplan financiers are seeing steady volume headed into yearend and expect an uptick in 2026, driven in part by growth ...
Tag: NextGear Capital
Chase Auto names Pataki head of commercial, and other staff moves
Chase Auto this month has named Lester Pataki head of commercial solutions to lead the bank’s national commercial lending and treasury team and scale the commercial ...
Floorplan financiers report rise in dealer fraud
Floorplan financiers are facing an increase in fraudulent activity alongside an uptick in risky behavior and poor performance by dealerships. ...
NextGear Capital salvage, heavy-duty truck portfolios grow 51%Â
Independent dealer floorplan financing provider NextGear Capital’s salvage and heavy-duty truck businesses have gained steam as floorplan lenders saw growth ...
Westlake Flooring Services portfolio up 20%Â
Floorplan lenders saw a rise in volume in the first half of the year amid strong sales, but some are ...
Used-vehicle floorplan to see uptick ahead of tariffs
Used-vehicle floorplan financing could gain from tariff-induced tailwinds as dealerships prepare to shrink inventory. Floorplan lender NextGear Capital will benefit ...
Auto ABS issuances drop 37.2% YoY in May
As spreads widen and asset-backed securitization issuance declines, lenders are looking to long-term partners and funding diversification. Auto issuances dropped ...
NextGear extends flexible floorplan pricingÂ
Floorplan financing provider NextGear Capital is expanding its flex pricing program to include vehicles beyond those purchased at Manheim auctions ...
