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Newsby StaffMarch 25, 2020

AFC Begins to Offer Payment Relief to Customers

Automotive Finance Corporation (AFC) has launched a customer relief program that will allow eligible customers to defer curtailment payments due through May 31, 2020 on eligible unsold units.

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NewsJanuary 13, 2017

Automotive Finance Corp. Expands Leadership Team

Automotive Finance Corp. has promoted Joe Keadle to COO as well as created a new position for Paul Kramarz, who has joined the company as senior vice president of risk, according to the company.

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NewsNovember 1, 2016

ServNet, AFC to Offer Discounted Floorplan Prices

ServNet Auctions and Automotive Finance Corporation are offering dealers the opportunity to floorplan their purchases with AFC for up to 90 days for an exclusive promotional rate of $90.

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NewsJuly 19, 2016

Automotive Finance Corp. Names Two VPs

Automotive Finance Corporation (AFC) has named Tiff Arcella as vice president of sales and promoted Devra Callagha to vice president of marketing and business development, the company announced.

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NewsJune 20, 2016

Automotive Finance Corp. Names President

Automotive Finance Corporation (AFC), a business unit of KAR Auction Services, Inc., has named Jim Money as its president. He most recently served as CFO of AFC and will assume his new role effective June, 25.

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NewsAugust 12, 2015

AFC Hires Director of Business Development

In his new role, Waltz will assist AFC in building upon inventory financing opportunities in specialty segments such as RV, powersports, rental, and commercial truck.

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NewsFebruary 25, 2015

AFC Names Vice President of Operations West Division

Automotive Finance Corporation (AFC), a business unit of KAR Auction Services announced that Johnny Shroyer has been promoted to vice president of operations, west division.

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NewsJuly 16, 2014

Western U.S. AFC Branches Relocate

Automotive Finance Corporation has moved four of it's locations, including AFC Albuquerque, AFC Denver, AFC San Diego, and AFC San Jose.

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NewsJune 26, 2014

AFC Expands Reach of Enhanced Commercial Truck Inventory Financing Program

AFC will advance 100 percent of a truck dealer’s auction purchases at more than 1,100 AFC-approved auctions and other inventory sources.

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NewsJune 10, 2014

New ADESA.com Feature Shows Available Credit

Registered dealers will now know the amount of credit available to them through Automotive Finance Corporation (AFC) as soon as they log in—before bidding on any vehicles.

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