Founded in 1987, Automotive Finance Corporation (AFC) was created to provide inventory financing for independent car dealers as they bought and sold vehicles at auto auctions and dealerships. With more than 120 branch locations through the U.S. and Canada, AFC works with over 15,000 dealers in the retail and wholesale automotive space as well as RV, power sports and commercial truck dealers, salvage buyers and daily rental operators and is accepted as a form of dealer payment at more than 1,100 auction sources in the same footprint.
AFC is staffed with local industry experts across North America to provide dealers with the right floorplan for their business model, thereby freeing up their cash flow and conquering their unique market. By utilizing the robust online suite of tools through AFCDealer.com®, dealers are empowered to do business the way they want—on the lot, in the lanes, or on the go.
AFC’s business philosophy is supported by their purpose statement: “We fuel the entrepreneurial dream in our community.” Whether it’s supporting a dealer and their growing business or helping an employee find a meaningful career path, AFC is dedicated to the dream.