Floorplans mostly absent from 2021 ABS volume
Floorplan-backed securitizations all but disappeared in 2021. Nextgear Capital was the sole floorplan securitizer with a single $500 million transaction ...
Tag: NextGear Capital
NextGear Capital to prioritize tech, community in 2022
NextGear Capital President Scott Maybee‘s approach to business and leadership are one and the same: Provide clients and team members ...
COVID-19: Auto finance faces the global pandemic [FEATURE]
Editor's note: This article first appeared in the April edition of the magazine, available now. After a decade of exponential ...
Chase Auto, NextGear ramp up dealer floorplan relief
Chase Auto and NextGear Capital are answering dealerships’ calls for floorplan relief amid the pandemic. Chase Auto has a total ...
Veros, Westlake, World Omni ramp up ABS issuance
Auto lenders were busy in the asset-backed securitization market this week, especially in the nonprime credit tier, according to presale ...
NextGear Capital sues defunct dealership for floorplan default
NextGear Capital has filed a complaint against a Canadian used-car dealership and its owner, claiming the dealership defaulted on its ...
5 Innovative Auto Finance Moves of 2018
© Can Stock Photo / Luminis A number of auto finance companies rolled out ...
NextGear Capital Transacts $1B of Non-Auction Purchases With Floorplan Tool
© Can Stock Photo / dmitrimaruta NextGear Capital has financed more than $1 billion of non-auction dealer purchases through floorplan ...
