NextGear Capital has secured exhibitor space at the Dec. 3-5 Recreation Vehicle Industry Association (RVIA) National RV Trade Show following the company’s September announcement that it was establishing a Diversified Products Division. According to a press release, the business unit provides inventory finance programs to a variety of industries, including recreation vehicles.
“We are very excited to exhibit NextGear Capital and its capabilities and offerings in Louisville,” said Frank Ford, vice president, Diversified Products. “While the NextGear Capital name may be new to many in the RV industry, the company has actually been involved in financing used recreational vehicles for many years. So, the natural next step was to expand into adjacent space, including new inventory finance.”
“Additionally, the leadership of the division, as well as the business development team we have assembled, has extensive experience in RV floor planning and working with both manufacturers and dealers to create value-added programs that will fuel growth.”
NextGear Capital said it “brings unique offerings to the industry to differentiate it from competitors.”
“Manufacturers are very excited about our online floor planning capabilities with next-day funding,” Ford stated. “And dealers may benefit from a deferred interest program designed to preserve cash flow by matching the payment of interest to the sale of inventory.”
NextGear Capital representatives will be available in Booth No. 841 at the Louisville Show. For additional information, visit nextgearcapital.com.