AFC - Automotive Finance Corporation

📍N Illinois St, Carmel, Indiana, 46032, United States
Financial ServicesEst. 1987🌐 autofinance.com
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39y
Years Active
Company Description

AFC fuels the entrepreneurial dream in our communities. Our financial services provide liquidity and flexibility to independent used vehicle dealers so they can purchase the inventory they need to keep their businesses growing and thriving. AFC's hybrid business approach combines dedicated personnel stationed nationwide—living and working in local markets—with a robust suite of digital services that allow dealers to conduct business 24/7 anywhere. Our offerings include a variety of automotive financial services in addition to floorplan financing that cater to the needs of each unique dealership, such as lienholder payoff services, curtailment extensions, and many more. AFC's customers include a wide range of independent dealers, including retail and wholesale automotive dealers, specialty dealers in RV, powersports, and salvage, as well as rental fleet operators. As a subsidiary of OPENLANE (formerly KAR Global), AFC drives talent to opportunity. We have the best in the business on our team, and we are relentlessly focused on the growth of our people. We move quickly, have an unwavering commitment to our customers and communities, and we have fun while we're doing it! Up for the challenge? Put yourself in the driver seat and enjoy the ride.

Founded :1987
Industry :Financial Services
Location :N Illinois St, Carmel, Indiana, 46032, United States
PeopleView All
SM
Sa### Mi#########
Chief Executive Officer
JT
James Thornton
VP of Engineering
PS
Priya Sharma
Head of Product
CM
Carlos Mendez
Director of Sales
EL
Emma Larsson
Chief Financial Officer
KA
Kwame Asante
Lead Data Scientist
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ProductsView All
Enterprise Suite Pro
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DataBridge Connect
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Analytics Dashboard
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CloudSync Manager
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Quick Stats
Founded1987
Domainautofinance.com
Years Active39 years
Certificates
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ISO 9001:2015
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SOC 2 Type II
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GDPR Compliant
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ISO 27001
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4 certifications found
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Funding History
Series C$85M
Sequoia Capital · Mar 2023
Series B$32M
Andreessen Horowitz · Jan 2021
Series A$12M
Y Combinator · Jun 2019
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AFC - Automotive Finance Corporation | Nexus