NextGear Capital News

Read our latest news and blogs, plus browse our press releases too. We'll keep you updated on all new developments and interesting articles, so make sure you check back regularly to find out what’s happening!

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News

03/06/2015    Time to review the options

As the UK economy continues to improve, so does access to funding. Almost 8 years on from the day when the term ‘credit crunch’ was first used, heralding a dramatic slowdown in the capacity for dealers to access the level of stock funding options they had previously enjoyed, stock funding experts NextGear Capital are encouraging dealers to review the facilities they have in place today. Read more

28/05/2015    Dealer-Auction.com goes live

NextGear Capital’s buy anywhere anytime stock funding platform is designed for physical and digital auctions; indeed it can also be used to fund a dealer’s existing stock purchases as well. Now, the business’ highly original and distinctive approach can be used at NextGear Capital’s new auction partner Dealer-Auction.com, the UK’s largest auction site providing stock exclusively from franchised main dealers and dealer groups. Read more

19/05/2015    Industry Wholesale Finance Provider Award Winner

NextGear Capital UK has been recognised by the International Auto Finance Network as the Wholesale Funder of the Year at its industry awards at a packed industry event held in London. Read more

08/05/2015    Over £8,000 for Countess of Chester Babygrow Campaign

A year on from launch its launch at Chester Business Park, NextGear Capital marked the occasion with a charity auction in aid of the Countess of Chester Babygrow Campaign. Read more

08/05/2015    NextGear Capital Champions Outstanding Customer Service

NextGear Capital UK’s commitment to customer service took a significant step on the business’ first anniversary. The business has committed to seeking full accreditation for the quality of customer experience delivered by joining the Institute of Customer Service (ICS). Read more

07/05/2015    Customer Service

At this moment in time Customer Service is a hot topic, with customer satisfaction being at its lowest point since 2010. Companies are always talking about their customer service and how great they are and how they listen to their customers but what do businesses actually do about it? Read more

21/04/2015    Support of the Countess of Chester Babygrow campaign

As Chester based NextGear Capital approaches its first anniversary in May 2014, the team, which has now grown to over 50, has committed to raising £10,000 to the Countess of Chester Babygrow Campaign, with a series of fund raising events. The first of which took place on April 10th. Read more

23/03/2015    NextGear Capital Shortlisted for Alternative Lender of the Year

In under a year of trading, the impact of NextGear Capital’s innovative dealer stock funding programme has seen the business shortlisted as Alternative Lender of the Year – Commercial in the prestigious Credit Today Awards. Read more

06/03/2015    £100m of new dealer stock funding gained

In a little over 9 months NextGear Capital has now provided over £100M of new vehicle funding to the UK dealer market. On March 5th an Audi A3 S Line Special Edition saw the rapidly growing business break through this key milestone Read more

30/01/2015    North East Franchised Dealer on his NextGear Capital Experience...

"For me, the best thing about the plan is that NextGear Capital don't require any reciprocal business. It's also a good opportunity to make sure I comply with the FCA rules and that's a big benefit." Read more