A subsidiary of Cox Automotive, NextGear Capital was established in 2013 through the merger of Manheim Automotive Financial Services (MAFS) and Dealer Services Corporation (DSC). The company's core business is providing flexible lines of credit (floor plan financing) that allow new and used vehicle dealers to purchase inventory for their lots from auctions and other sources. Their mission is to empower dealers with the capital, tools, and support needed to grow their businesses.

Founded in

United States