December 10, 2016 11:32 PM ET

Diversified Financial Services

Company Overview of NextGear Capital, Inc.

Company Overview

NextGear Capital, Inc. provides lending products and support services for the automotive remarketing industry in North America. The company offers dealer services, such as line of credit for various inventory purchases, including retail, wholesale, and salvage, as well as rental, heavy trucks, RV, and receivables financing; records management and title services; mobile floor plan and online account management; universal source network; additional flooring services–specific sources, including loan payoffs, trade-ins, off-street purchases, dealer owned inventory, rollovers from other lenders, and dealer-to-dealer purchases; and collateral protection programs to cover physical damage to finance...

1320 City Center Drive

Suite 100

Carmel, IN 46032

United States

Founded in 1993





Key Executives for NextGear Capital, Inc.

Chief Financial Officer
Chief Strategy Officer
Vice President of Legal
Vice President of Marketing and Communications
Compensation as of Fiscal Year 2016.

NextGear Capital, Inc. Key Developments

NextGear Capital Appoints Joe Carusella as National Vice President, Canada Operations

NextGear Capital announced the appointment of Joe Carusella to National Vice President, Canada Operations. Carusella brings over twenty-one years of experience in the automotive industry. In this newly created role, Carusella will focus on building on the successful momentum of NextGear Capital in Canada, by offering useful client solutions and continuing to diversify into other related industries. Carusella, an industry veteran has experience in the areas of operations, sales and finance. Prior to joining NextGear Capital, Joe served as Senior Director at Desjardins Credit Union. He headed up the automotive and durable goods business unit with finance, retail and business development.

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Recent Private Companies Transactions

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