Company Information

Get to know American Finance Solutions (acquired by North American Bancard)

American Finance Solutions (AFS) specialized in providing alternative financing to small and medium-sized businesses, primarily through merchant cash advances and business loans. In 2017, the company was acquired by North American Bancard (NAB), a leading merchant services and payment technology company. Following the acquisition, AFS's operations and expertise were absorbed into NAB's broader suite of services. Today, the business funding solutions pioneered by AFS are offered under the North American Bancard brand as part of their "Capital" or "Funding" services, which provide merchants with working capital based on their future sales and payment processing volume.

Industry

Financial PaymentPRIMARY
Financial Other Service

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American Finance Solutions (acquired by North American Bancard)

United States

Founded in

2006 (20 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

(78 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.