How does the product work for auction houses and wholesalers?

Dealers become approved buyers with a rolling Stocking Plan limit and buy stock on behalf of NextGear Capital who retain title of the vehicle
Dealers can select vehicles to buy at partner auctions or online just as they do now
Partner auctions or wholesalers invoice NextGear Capital for eligible dealer purchases when dealers elect to acquire vehicles on their NextGear Capital Stocking Plan
NextGear Capital will fund the vehicle hammer price and eligible fees such as delivery and indemnity fees
Make sales easier and faster - you'll receive payment within three working days
Could improve cash flow for auction houses or wholesalers and their customers

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