Carmel, United States
NextGear Capital is a leading provider of inventory finance solutions for dealers across North America. Since its establishment in 1993, the company has played a pivotal role in the automotive industry, offering flexible lines of credit to over 22,000 dealers. This has empowered them to procure new and used inventory from a vast network of over 1,000 auto and specialty auctions, with operations spanning the U.S., Canada, U.K., and the Republic of Ireland.
NextGear Capital's commitment to the growth of its dealers is encapsulated in its slogan, "We invest in dealers- accelerating their growth and fueling their community." Beyond financing, the company offers a comprehensive suite of services and support, including cutting-edge online and mobile account management tools, title services, records management, and collateral protection. This broad range of offerings has significantly facilitated dealers in acquiring and selling inventory, thereby bolstering their business growth.
Headquartered in Carmel, Indiana, NextGear Capital is an integral part of the distinguished Cox Automotive consortium, which encompasses well-known entities such as Autotrader, Kelley Blue Book, Manheim, and vAuto. This positioning within a prominent group further consolidates the company's industry influence and reach. With its extensive footprint and unwavering commitment to dealer success, NextGear Capital continues to be a steadfast force in the Financial Services, Logistics, and Transportation sectors, driving innovation and growth across the automotive landscape.
