NextGear Capital UK reaches funding milestone

Pamela Halliday, sales and marketing director at NextGear Capital UK, said: “To reach this milestone is a fantastic achievement for the company and all the team members involved.

“We have been able to help over 1,350 dealers across the UK and Ireland purchase new inventory while freeing up their own capital to help enhance their businesses in other ways.

“We anticipate another record-breaking year in 2018 and are looking forward helping even more dealers to grow their businesses.”

NextGear Capital provides funding plans to the automotive industry so dealers can buy stock from a wide variety of sources, giving them greater flexibility.

The milestone in funding comes as NextGear Capital was recognised by the Institute of Customer Service and awarded its ICS ServiceMark accreditation, which is a signal of outstanding customer and employee engagement and satisfaction.