Founded in 1987, Automotive Finance Corporation (AFC) specializes in providing inventory financing, also known as "floorplanning," for independent used vehicle dealers. As a subsidiary of OPENLANE (formerly KAR Auction Services, Inc.), AFC supports its dealer customers by providing the necessary capital to purchase and hold inventory. Their services are designed to help dealers manage cash flow, grow their businesses, and acquire vehicles from various sources, including auctions and trade-ins.

Founded in

United States