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NextGear Capital

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The industry’s leading independent inventory finance company, providing flexible lines of credit for dealers to purchase inventory.

DESCRIPTION:

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.

FOUNDED: 2013
EMPLOYEES: 501-1000
Mira Awards
MIRA AWARDS:
  • Tech Services Award - IT to Support the Business (2015 )
WEBSITE http://www.nextgearcapital.com/
EMAIL events@nextgearcapital.com
PHONE (888) 969-3721
ADDRESS 11799 N College Ave Carmel, IN 46032 GET DIRECTIONS

NextGear Capital News

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Women’s groups INSIDE tech companies provide a support system

Women’s groups INSIDE tech companies provide a support system

While men might outnumber women in the technology field, there is no lack of support for women in technology in Indianapolis. In fact, as a show of support and encouragement, many women’s groups have been created in internal organizations to support the efforts and contributions of women in technology. In Indianapolis alone, we’ve identified a

Competition heats up in Indy-area auto auction market

They’re 2.5 miles apart, along North Meridian Street. To the north, in Carmel, is the headquarters of KAR Auction Services, whose ADESA unit is the nation’s second-largest wholesale auto auction chain. To the south, at 10333 N. Meridian St., is relative newcomer XLerate Group, a wholesale auto auction led by former ADESA executive Cam Hitchcock. They

Agile process helps NextGear Capital grow by billions

There is perhaps no bigger buzz in software development right now than the Agile process. Why? Because if there’s one thing software developers can’t stand it’s putting their heart and soul into building something that nobody uses. Agile is the cure for waste and inefficiency and Carmel, Ind.-based NextGear Capital is a company on the

League of Xtraordinary Programmers attracts out-of-town tech talent to Indy’s tech community

On August 5, over 200 talented techies attended TechPoint’s League of Xtraordinary Programmers event presented by NextGear Capital at The Crane Bay in downtown Indianapolis. It was a night filled with drones, games, 3D printers, and a focus on Indy as an emerging tech hub. Our League of Xtraordinary Programmers event is positioned to attract

Calling all nominations for the CTO of the Year Awards

Do you know a commendable chief technology officer, a very valuable vice president of tech, or a dazzling director of technology? Nominate her or him for the 2016 Indianapolis Business Journal and TechPoint CTO of the Year Awards. What you should know about the awards: The 2016 Indianapolis Business Journal and TechPoint CTO of the

$1.4 Million Lilly Endowment Grant to Support TechPoint Talent Attraction and Development Initiatives

TechPoint, Indiana’s tech growth initiative, announced today that Lilly Endowment Inc. has approved a $1.4 million grant to help attract and retain tech talent in the state. The grant will support TechPoint’s Xtern program, which matches tech-skilled college students with Indianapolis-based companies, and a new program aimed at retaining recent college graduates. “Xtern is an

1,546 new tech jobs announced in 60 last days

During just the past 60 days, nine Indiana tech companies and tech-enabled companies have announced plans to invest more than $71 million in this state and create up to 1,546 new computer-related jobs. The largest deal in terms of the number of jobs is from Appirio, the cloud services provider that has been growing in