NextGear Capital introduce funding solution

The City Auction Group introduced an innovative instant vehicle funding solution to the Northern Ireland market with NextGear Capital who sponsored both major fleet events at our flagship Belfast venue throughout the month of July 2014.

David Mercer MD NextGear Capital stated 'with themed sales to draw in the dealers, it provided an ideal platform for the NextGear Capital team to promote our Stocking Plan to a wide audience. Feedback from dealers who attended on the launch days indicated a high level of interest from regular buyers and we're seeing increasing numbers of Stocking Plan applications approved and in progress for local dealers. The Stocking Plan allows used vehicle dealers to increase, upgrade or diversify their stock and is quick and simple to set up. It's paper free and easy to use, and reports from dealers already using the Plan demonstrate that they are seeing real improvements in cash flow and profitability. We're thrilled to have joined up with City Auction Group as our auction partner in Northern Ireland and are looking forward to working with the team as our business develops. With a number of applications already approved and several others in progress the future looks very promising for the NextGear Capital funding solution. The City Auction Group has kindly provided use of an office within the Belfast centre for Jim McCallum, our Account Executive for the area. This means he will be able to use the Auction as a base to meet dealers and arrange visits across the region. To discuss with Jim the benefits of becoming a NextGear Capital dealer please call him directly on 07980 210 158."


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