Tag: NextGear Capital

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

As spreads widen and asset-backed securitization issuance declines, lenders are looking to long-term partners and funding diversification. Auto issuances dropped ...

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

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

Canadian auto dealers facing higher floorplan costs are being strategic when it comes to supply on their lots as consumers ...

Nicole Graham-Ponce, vice president of portfolio management at NextGear Capital, has spent much of her life around cars and has ...

Scott Maybee, president of independent dealer floorplan provider NextGear Capital, says floorplan financing and a “scrappy” attitude help dealers sell ...

Floorplan financing is growing for some lenders even as others step back amid elevated interest rates on the heels of ...