PDF Standard Financing Programs
Standard Financing Programs
AVAILABLE FOR AUCTION PURCHASES, CUSTOMER TRADES, OR DEALER-TO-DEALER TRANSACTIONS | NO RESTRICTIONS ON YEAR, MAKE OR MODEL
Find the inventory financing solution that makes sense for you! Take a look at some of our standard programs highlighted below.
Automotive Floorplan
Floor whole car inventory
? Flat fee per term based on unit price ? 30-day terms ? 2 curtailments ? Finance buy fees, transportation charges, and
ancillary services
Daily Tab Floorplan
Flat daily fee only for days the unit is on floorplan
? Flat daily fee based on floored amount ? 45-day terms ? No interest ? Pay only for days on the floorplan ? Does not include non-auction purchases
Non-Auction Purchases*
Floor customer trades or dealer-to-dealer inventory
? Available with all standard floorplan programs ? Non-auction purchase fee per unit ? Standard automotive floorplan fee and interest ? Lienholder payoff services available
7-14-21? Floorplan
Floor up to 7, 14 or 21 days at a flat weekly fee
? Flat weekly fee based on unit price ? No interest ? Fees apply to each 7-day period ? On Day 22 the unit rolls to dealers' contracted
credit line
Certain products and services may not be available in all locations. Terms and conditions are subject to change. Please see an AFC Representative for complete program details.
*Must be a contracted AFC Dealer in good standing with available NAP credit to be eligible for program. Excludes South Dakota dealers. AFC reserves the right, in its sole discretion, to determine if a vehicle qualifies as an approved NAP; however, at a minimum, the dealer must deliver the unit to an AFC branch for inspection and/or digital picture with a current PO#.
The afc logo is a trademark of Automotive Finance Corporation, an Indiana corporation, licensed to its affiliates AFC Cal, LLC, a California limited liability company, and Automotive Finance Canada Inc., an Ontario corporation. "AFC" refers to Automotive Finance Corporation, AFC Cal, LLC, and Automotive Finance Canada Inc. in their respective jurisdictions. All California transactions are through AFC Cal, LLC. California loans will be made pursuant to Department of Business Oversight California Finance Lenders License. Canadian transactions are through Automotive Finance Canada Inc.
? 2019 Automotive Finance Corporation. All rights reserved.
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