AFS is one of the most established independently and privately owned auto finance companies in South Florida. AFS is a full-service automobile finance company that lends money to finance the purchase of new and pre-owned cars and light trucks to individuals with limited or poor credit histories.
AFS purchases and services used car retail installment sales contracts generated through a network of automobile dealerships. The typical contract purchased by AFS has a term of Sixty months and an average rate of 25% (APR) with its underlying collateral being a three to five-year-old vehicle.
The entire process and operation of the business, including loan processing and approval, purchasing, funding and loan servicing is conducted from a centralized location in Fort Lauderdale, Florida.
Amongst some of AFS' main competitive advantages are its highly personalized dealer services and underwriting capabilities. AFS' dealer relationships are further strengthened by the promptness with which it processes and funds contracts, as well as the depth and flexibility of its lending programs.
AFS' boutique approach provides the highest degree of personalized service to its dealership base by marketing, underwriting, purchasing and servicing contracts and by providing a single source of contact to meet the dealer's sub-prime financing needs. – less – More from ZoomInfo »