As NextGear Capital seeks to expand its portfolio in 2025, it has added a new senior leader to its ranks. Rose Bryant will join the team as AVP of Corporate Operations and Risk Management on March 10, 2025, overseeing all aspects of the company’s flooring, titles and records, customer care, and risk departments.

Bryant has been with Cox Automotive since 2017. She has held various leadership roles on the retail side of the business as well as in the banking industry with Truist Bank, Wells Fargo and Bank of America where she gained extensive experience in product implementation, operations management and customer service.

“Adding Rose to our team comes at an exciting time for our business,” said Scott Maybee, president of NextGear Capital. “We’ve made significant strides with our product and overall client experience and her knowledge and perspective will help us advance that work and create additional value for our clients.”

NextGear Capital made several changes last year to support independent dealers and provide them with the capital they need to grow their businesses. Among them, the company made adjustments to its lending guidelines and added a self-audit feature to its mobile app that allows eligible dealers to audit their floor planned inventory on their own.

This year it launched an update to its Flex Pricing product that extends new benefits to all units, regardless of where they are sourced. The company also plans to grow with commercial clients with lines of credit of $2.5 million and larger.

“As the cost of lending comes down and independent dealers continue to get healthier, it’s important that we’re there to help them realize their ambitions,” Maybee said. “Independent dealers are incredibly resilient and sentiment among them is on the rise. Supporting them is why we exist, and we’re committed to doing even more for them this year and beyond.”