USIC

With more than 18,000 registered dealers, Automotive Finance Corporation is recognized as one of the largest independent providers of dealer floor planning in the automotive industry. The company provides floor planning for independent car dealers throughout North America. Floor planning is the provision of inventory loans, usually of 30- to 90-day duration, for approved dealers. After approval, the dealer may use Automotive Finance Corporation to finance vehicles purchased from more than 500 auctions and other locations that have been pre-approved by the company. Automotive Finance Corporation also offers products and services including floor plan programs for rental, salvage and motorcycle dealers. Located in Carmel, Ind., Automotive Finance Corporation was established in 1987.