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SAFCo Expands Non-Prime Auto Lending Services to Dealerships in Illinois, Indiana, Ohio and Michigan

March 26, 2012

 

FORT LAUDERDALE, Fla. - Southern Auto Finance Company (SAFCo), a non-prime automotive lending company, is pleased to announce its expansion into the Illinois, Indiana, Michigan  and Ohio markets. SAFCo now services over 2,000 automobile dealerships in nine states.

Known as “The CreditBuilders,” SAFCo’s primary focus is to help credit-challenged consumers establish better credit so they may obtain traditional financing on future purchases.

“Partnering with new dealers in these Midwest markets to provide financing for consumers with typical FICO scores between 430 and 620 further strengthens SAFCo’s long-term growth strategy,” said Brian Switalski, president of SAFCo.

SAFCo specializes in hard-to-finance transactions and has provided financing to over 40,000 credit-challenged borrowers. The company offers its dealer partners the opportunity to finance the broadest possible universe of automotive purchasers, and benefits the consumer as well. The company’s main goal is to help its customers build or rebuild credit through development of good payment habits and consistent reporting of loan repayment to credit bureaus.

SAFCo’s indirect lending services can be accessed though the Dealer Track and RouteOne credit application platforms.

For more information, please call 800-277-9198 or visit www.GoSAFCo.com.

About Southern Auto Finance Company (SAFCo)
Southern Auto Finance Company (SAFCo) is a non-prime automotive finance company headquartered in Fort Lauderdale, Florida. As a lender for more than 20 years, SAFCo has provided innovative finance products, experienced credit buyers and fast, flexible funding to approximately 2,000 qualified dealerships, including several of the country’s largest dealer groups. As “The CreditBuilders,” SAFCo’s mission is to help credit-challenged consumers establish better credit. SAFCo is proud to offer a powerful combination of people and technology that helps grow dealers’ businesses and supports the transportation needs of American families. For more information, please call 800-277-9198 or visit www.GoSAFCo.com.

03/26/12

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