AUTOMOTIVE FINANCE CORPORATION
Floorplan financing for independent dealers is just the beginningFIND A LOCATION NEAR YOU
OUR COMPANY | WHAT WE DO
Floorplan financing for independent dealers
AFC provides flexible dealer floor plan financing paired with a hands-on local approach unmatched in the industry.
- Independent used car dealers
- Rental operators
- Purchases from 1,300+ inventory sources
- Customer trade-ins
- Dealer-to-dealer trades
- Non-auction purchases
- Lienholder payoffs
- Whole car
- Rental fleet
- Ride-share fleet
SAVE YOUR CASH
Fill your lot without emptying
We’ve been around for a long time, so we appreciate that managing a dealership is a balancing act. AFC floorplans exist to help you save your cash and keep your business growing. And we’re ready to meet you where you are.
OUR COMPANY | ABOUT US
We fuel the entrepreneurial dream in our community.
Even back in 1987 when AFC first began, providing floor plan financing for independent dealers was our primary purpose and we were obsessed with providing exemplary customer service.
But since then, we’ve expanded our floorplan products and services to include the tools that our customers need to realize their unlimited potential as they buy and sell vehicles at auto auctions and dealerships.
While dealer floor plans may be the key service we provide, what drives us every day is the desire to help independent dealers bring their business dreams to life. With more than 100 branch locations and industry experts strategically placed across North America, we live and serve in your communities. And our core values are at the root of all we do: elevating relationships, powered by passion, vision-driven, and dedicated to you.
Together with our sister companies at OPENLANE (formerly KAR Global), AFC is a part of an end-to-end remarketing lifecycle solution. Shop, finance, inspect, recondition, transport, or sell–we are honored to work with the best in the industry.
In the automotive industry, floorplanning is a type of loan that provides a revolving line of credit allowing a car dealer to obtain financing for retail goods. These loans are made against a specific vehicle like a passenger vehicle, RV, or a motorcycle. When a dealer sells the vehicle, the loan advanced against it is repaid.