CARMEL, Ind. – For independent dealers, the day-to-day management of a dealership can be both time consuming and cumbersome. NextGear Capital’s enhanced Account Portal provides dealers with easier access to detailed vehicle information and in-depth reporting to make smarter business decisions.

The needs of independent dealers are always evolving, which is why we’re continuously making investments in technology.

“Having the right tools and technology to support my dealership was one of my top priorities when it came to selecting a floor plan,” said Ryan Martin, general manager of Strawberry Road Auto Sales in in Pasadena, Texas. “There is nothing worse than having to call someone else when I want to floor my inventory or access information about my account. NextGear Capital’s Account Portal gives me the freedom to view all of my account information with just a few easy clicks.”

The online account management platform provides NextGear Capital clients in good standing with real-time information, helpful tools and insightful dashboards accessible 24/7 from any computer or mobile device. Features include an intuitive flooring process for non-auction purchases, access to vehicle valuations to help dealers make smarter sourcing decisions and the ability to view and manage outstanding audits in real time.

In the First Quarter of 2021, several enhancements to Account Portal were made to continue to deliver on NextGear Capital’s commitment to make it easier for its clients to do business.

  • Enhanced title page – Tracking the status of a title is one of the most time-consuming aspects of purchasing a vehicle. The newly enhanced Title page gives dealers greater visibility to the status of a title, its due date to NextGear Capital and the number of titles eligible for release. Dealers can also access tracking information, title location and more.
  • Streamlined flooring experience – Flooring non-auction purchases is now easier than ever with the ability to send titles directly to NextGear Capital using a pre-paid FedEx waybill and expedited ACH funding to a dealer’s account once a funding request has been approved. Other new features include the ability to request the full purchase price without having to contact a representative, priority review and processing of funding requests, and visibility into the projected finance amount.
  • Improved reporting capabilities – The Reports page now allows users to navigate away from the page while a report is being generated, freeing dealers to do other things while waiting for their reports. In addition, this new page will also store reports for 24 hours.

“The needs of independent dealers are always evolving, which is why we’re continuously making investments in technology like Account Portal to meet and exceed those needs,” explained Scott Maybee, president of NextGear Capital. “While any floor plan can give dealers more buying power, a tool like NextGear Capital’s Account Portal delivers added value by helping dealers streamline their operations and create efficiencies, making it simpler for them to do business with us.”

Originally posted on Auto Dealer Today

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