Moody's Investors Service ("Moody's") has upgraded three notes issued by NextGear Floorplan Master Owner Trust (NFMOT). The notes will be backed by dealer floorplan loans on used auto and non-auto collateral extended by NextGear Capital, Inc. (NextGear) to independent dealers nationwide. NextGear is...
Moody's Investors Service ("Moody's") has assigned definitive ratings to the notes issued by NextGear Floorplan Master Owner Trust, Series 2023-1 (NFMOT 2023-1). This is the first dealer floorplan transaction of the year for NextGear Capital, Inc. (NextGear; Not Rated). The notes will be backed by d...
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