Cox Automotive Group Vice President Patrick Brennan, NextGear Capital President Brian Geitner and NextGear Capital Chief Strategy Officer and General Counsel John Wick were on hand for the event and offered remarks to dealers, industry leaders and auction employees about NextGear Capital's growth and success in Canada.
NextGear Capital launched in Canada in 2013 and previously occupied office space within Manheim Toronto. Last month, the company rolled out its account management technology to its Canadian customers, allowing them 24/7 account access in both English and French.
NextGear Capital President Brian Geitner, Cox Automotive GVP Patrick Brennan and NextGear Capital VP of Canadian Operations Roy Vandermeer cut the ribbon to open NextGear Capital's new Canada office.
About NextGear Capital
NextGear Capital is the largest independent inventory finance company in North America, 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 and the U.K. The company's products and services allow dealers to floor plan nearly any type of remarketed unit in automotive retail, wholesale, salvage or specialty, including recreational vehicles and trailers, marine, powersports, used heavy trucks, auto salvage and auto daily rentals. With a customer base of more than 18,000 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. The company is headquartered in Carmel, Indiana and is part of the Cox Automotive group of companies, which includes AutoTrader.com, Kelley Blue Book, Manheim and vAuto. Visit nextgearcapital.com to learn more.