AUTOMOTIVE FINANCE CORPORATION
We’re passionate about helping independent dealers like you take success to the next level.
FIND A LOCATION NEAR YOU
Advance your business with AFC’s finance solutions, including:
SAVE YOUR CASH
Fill your lot without emptying
your pockets.
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 | WHAT WE DO
We offer financing for independent dealers.
Sick of dealing with lienholders? AFC also offers lienholder payoff support, in addition to a robust suite of back-office services to make your life easier.
- Independent used car dealers
- Rental operators
- Purchases from 1,200+ inventory sources
- Customer trade-ins
- Dealer-to-dealer trades
- Non-auction purchases
- Whole car
- Salvage
- Rental fleet
- Powersport
- Commercial Truck
- RV
OUR COMPANY | ABOUT US
We fuel the entrepreneurial dream in our community.
Even back in 1987 when AFC first began, providing inventory financing for independent car dealers was our primary purpose and we were obsessed with providing exemplary customer service.
But since then, we’ve expanded our products and services to provide the tools that our customers need to realize their unlimited potential as they buy and sell vehicles at auto auctions and dealerships.
While floorplans 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 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.
WHAT IS A FLOORPLAN?
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.