NextGear Capital is the industry’s leading independent inventory finance company, providing flexible lines of credit for dealers to purchase new and used inventory at over 1,000 auto and specialty auctions and other inventory sources throughout the U.S., Canada, United Kingdom and Ireland.
The company’s products and services allow dealers to floor plan nearly any type of remarketed unit in automotive retail, wholesale, salvage or specialty. With a customer base of more than 20,000 dealers, NextGear Capital also provides a robust array of services and support that allow dealers to acquire and sell more inventory, including state-of-the-art online and mobile account management tools, title services, records management and collateral protection.
NextGear Capital team members believe in the power of community, and not simply giving back, but paying it forward. By investing in worthwhile causes through charitable contributions, in addition to volunteering, NextGear Capital team members are making a difference by improving the places where we live, work, and play.
The company is headquartered in Carmel, Indiana, and is part of the Cox Automotive group of companies, which includes Manheim, Autotrader, Kelley Blue Book and vAuto.