First of several benefits planned in 2022 to further independent dealer goals, needs.
Renewed credit facility and securitized term note reinforces NextGear Capital as a strong lending partner for independent dealers.
Independent dealers are securing sought-after vehicles despite tight inventory.
“First Gear” helps meet the challenges of getting a used car dealership up and running.
Enriched features help dealers save time, puts account information at their fingertips.
Flex Pricing gives dealers greater cash flow to invest back into their business.
NextGear Capital has promoted Lisa Mackie to vice president of Portfolio Management and Thad Sykes to associate vice president of Sales.
Ten-year auto finance veteran Scott Maybee has been named president of NextGear Capital after serving as general manager of Manheim Northstar Minnesota.
NextGear Capital and Cox Automotive will donate an emergency response vehicle to Troy, Mich., in recognition of City of Cars’ Otto Hahne, who was named National Quality Dealer by the National Independent Automobile Dealers Association.
NextGear Capital has introduced ‘Rapid Pay,’ a new feature designed to help dealers initiate the vehicle funding process before the title is received.
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