NextGear Capital and Ready Logistics will offer a new kind of transportation financing solution that will allow clients to buy, floor, and transport vehicles through a single transaction, NextGear has announced.
In addition, clients will also be able to benefit from a deferred payment option that will keep transportation costs on hold until the vehicle is sold.
"Our goal is to make clients more profitable by increasing the speed and ease of buying and selling vehicles, and bringing transportation financing to independent dealers is a prime example of how we're doing just that," said Randy Dohse, NextGear Capital's senior vice president of operations.
The service will be available to NextGear Capital clients who buy a vehicle at a location served by Ready Logistics. Clients will be able to view transport costs associated with a vehicle and use in-lane or online checkout. NextGear Capital will be paid for the financed vehicle and the transportation purchase, which simplifies the payment process, according to the company.