NextGear Capital expands floor planning to the marine industry

NextGear Capital
May 28, 2014
Filed under News

CARMEL, Ind. - NextGear Capital, the leading provider of lending products for the automotive remarketing industry, today announced its expansion into the Marine industry through its Diversified Products division. With this expansion, the company will look to establish itself as a leading provider of floor plan financing solutions to the industry.

“We are very pleased to announce our entrance into the Marine industry, where there remains a shortage of available capital to provide adequate floor plan solutions for both manufacturers and dealers,” stated Frank Ford, Vice President of Diversified Products with NextGear Capital. “Having expanded beyond the company’s core offerings of auto floor plan, the Diversified Products division and its unique offerings have been well-received in the RV industry and we believe they will be just as accepted in the Marine space as well.”

The company recently brought on Marine industry veteran Bob Bejesky to serve as National Account Manager for NextGear Capital’s Diversified Products division. In this role, Bejesky will be responsible for establishing and developing manufacturer relationships and programs as well as assisting with sales and marketing efforts. He most recently held the position of Vice President/National Relationship Manager with TCF Inventory Finance. Prior to that post, Bejesky served in key relationship management positions with Deutsche Financial Services and Key Bank Recreation Lending.

“Our first step in establishing ourselves as a leading provider to the Marine industry is to establish relationships with manufacturers and associated buying groups, and for that reason we are very excited to be adding Bob to our team,” said Ford. “He brings a wealth of knowledge about the Marine industry and has many solid relationships with key Marine manufacturers and associations.”

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