The one characteristic all NextGear Capital customers possess
First impressions count. Everyone running a business knows that. Independent and franchised dealers are no different.
When would-be buyers venture a drive-by glance or visit your website, the stock parked proudly, and most visibly, on your forecourt has the power to turn a fleeting phone enquiry or visit into a meaningful chat. So, stock profile is hugely important, whatever the size of your business. So too is having the ability to chop and change your stock, increasing the number of vehicles you have on your forecourt, and investing in your people and facilities.
All shapes and sizes
At NextGear Capital we work with independent franchised dealers of all shapes and sizes. Our stocking plans start from as little as £50,000 but can extend to multimillion-pound funding lines.
Our whole reason for being is to help dealers get the stock they need; from the sources they prefer, without using their own capital. A typical NextGear customer is someone who’s looking to grow their business, which means, effectively, they are every dealer. Who doesn’t want to grow and/or improve their business and what they have to offer customers?
From single rooftop to multi, NextGear Capital works with dealers to provide funding lines that suit their needs. Size isn’t everything but our customers share very similar characteristics.
The ‘one’ thing
We’ve supported more than 1,700 dealers all over the UK and Ireland. Amid that hefty number of businesses, there is not one ‘typical’ customer among them. There’s no one-size-fits-all solution, what would be the sense of doing that in such a multi-faceted dealer landscape? We work with dealers to reach the most appropriate solution. A bit like a tailor, only we won’t flatter to deceive.
So, NextGear Capital has a variety of options to suit, that’s why there’s no typical customer in the broadest sense of the word.
Having said that, the dealers we work with are invariably diligent, organised and really understand their business. They have an insatiable appetite for growth, long-term customers recognise the ways that stock funding can help them get the growth they seek.
If any single generalisation can be made about our more than 1,700 customers, it’s that they all have the potential for improved profitability.
We’ve funded everything from newer businesses to larger dealerships that now have multi-million-pound funding NextGear Capital Stocking Plans. We’ve seen a huge and heartening amount of success stories. There are, of course, certain criteria to be met to successfully apply for a NextGear Capital funding line but the process is extremely straightforward.
Boost your bottom line
With more than 70 wholesale and trade partners, including auctions, our dealers have a huge number of options to choose from when they agree a NextGear Capital Stocking Plan. But dealers will be pleased to know that that isn’t the end of it, as they aren’t restricted (in any sense) on where they source stock from.
NextGear Capital Stocking Plans are the savvy way to buy the stock you want. Whether you buy from trade, auction or wholesale or would like to fund your part-exchanges we will fund 100% of CAP clean/trade value for trade vehicles or 100% of the hammer prices plus auction and delivery fees for auction vehicles.
Getting your forecourt ready to make a great first impression has never been simpler. Become an approved dealer, buy stock from whatever source you choose and benefit from 100% funding for up to 150 days.
Why not see how a NextGear Capital Stocking Plan can boost your bottom line, help grow your business and free up your capital for use in other ways?
Call 0343 5060600 or book an appointment