MAFS and Dealer Services Corp. Roll Out NextGear Capital

NextGear Cap­i­tal was announced last week as the name for a new inven­to­ry finance pow­er­house serv­ing more than 17,000 deal­ers and over 1,000 auc­tions across North Amer­i­ca. Lis­ten to Auto­mo­tive Digest’s inter­view with Bri­an Geit­ner, Pres­i­dent, NextGear Cap­i­tal, in the video sec­tion below. NextGear Cap­i­tal was cre­at­ed through the merg­er of indus­try lead­ers Man­heim Auto­mo­tive Finan­cial Ser­vices (MAFS) and Deal­er Ser­vices Cor­po­ra­tion (DSC), which Man­heim acquired in 2012. The com­pa­ny has become what the com­pa­nies call the world’s most com­pre­hen­sive provider of lend­ing prod­ucts and sup­port ser­vices in the remar­ket­ing indus­try.

NextGear Cap­i­tal boasts cut­ting-edge tech­nol­o­gy that allows deal­ers to floor plan vehi­cles from any­where, at any time, with a ver­sa­tile line of cred­it that works seam­less­ly at auc­tion sites across the U.S. and Cana­da. Under the new com­pa­ny, cus­tomers will enjoy access to more pric­ing options than ever before, includ­ing cus­tomized inven­to­ry finance options tai­lored to suit their spe­cif­ic needs for a vari­ety of floor plan pur­chas­es.

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