Hear how our customer has used NextGear Capital to diversify and grow
Specialising in prestige vehicles, London Road Car sales is run by Saul Ettridge who has utilised his years of experience within independent and franchised dealerships to set up his own independent dealership. Operating for nearly five years using his own funding,
Saul took up a NextGear Capital Stocking Plan to diversify his stock profile and increase the number of vehicles on his forecourt. With 25-30 quality Land Rovers and other 4x4s now in stock, Saul comments ‘I can’t stress how pleasantly surprised I’ve been, the application process was extremely simple with zero disruption to the business.’
‘Having a NextGear Capital Stocking Plan has made a massive difference to our bottom line and with being an owner driver, the biggest benefit is that the technology used speeds up the whole buying process.’
Using a NextGear Capital Stocking Plan as incremental funding has meant London Road Car Sales is able to stock a further 10 vehicles through a variety of sources. ‘StockMaster has had the biggest impact. I’m often on the road trying to source quality vehicles, so having StockMaster enables me to check what funds I have available anywhere, anytime.’
‘I’ve never had any issues that haven’t been resolved quickly either by contacting my local Account Executive, Matthew King, or ringing the Customer Service Team – everyone’s extremely helpful.
I’d recommend a NextGear Capital Stocking Plan to any dealer who’s looking to free up cash flow with ease. I personally buy through Manheim Auctions and from trade source however there’s so many other approved sources to choose from’.