Jump Start Your New Business
NextGear Capital knows how challenging getting a dealership off the ground can be. That’s why we launched a program specifically for dealers who are new to the independent dealership landscape. First Gear provides the needed access to capital to help dealers new to the industry get their business off the ground.
Get Your Business Moving Forward:
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Available to independent dealers who’ve been in business for 12 months or less. |
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Floor Plans free up your finances so you can grow your business. |
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Get approved for up to a $50,000 line of credit without submitting bank statements. |
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After an introductory period, your line of credit will be evaluated and adjusted as needed. |
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Your floor plan provides you with the cash flow to get the inventory you need, and the flexibility to choose where you source from. |
*All rights reserved. Certain conditions apply. First Gear is available only for dealers who have been in the automotive business for 12 consecutive calendar months or less. Eligibility is in NextGear Capital’s sole discretion. All advances are subject to the terms and conditions of your Demand Promissory Note and Loan and Security Agreement and other Loan Documents with NextGear Capital. An initial, introductory line of credit in the amount of the greater of $50,000 or the minimum allowed by law in dealer’s state without submitting bank statements or records. NextGear Capital reserves the right to modify or terminate this offer, without notice and at any time. For complete details, terms and conditions, please see your local NextGear Capital representative. Notwithstanding anything herein to the contrary, First Gear is not available to New York, North Dakota, South Dakota or Rhode Island dealers. All advances made in California by NextGear Capital are made pursuant to NextGear Capital’s California Finance Lender License, #603G505.