10 Common Myths Consumers Believe About Their Credit Reports

April 6th, 2015

10 Common Myths Consumers Believe About Their Credit Reports As many car dealers can attest, there are a lot of misconceptions that consumers have when it comes to the factors that play a part in making up their credit score. In fact, TransUnion recently published results from a survey of 1,000 consumers between the ages […]

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Millennial Car Buyers: The Top 5 Things You Need to Know

March 16th, 2015

Millennial Car Buyers: The Top 5 Things You Need to Know in 2015   If you’ve paid attention to headlines and news in the industry for the last few years, you may have heard that Generation Y is not as interested in buying autos as the Gen-X and Baby Boomers before them.  However, TrueCar released […]

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PRESS RELEASE: AFS Acceptance ranks on Inc. Magazine’s 33rd Annual ‘Inc. 5000’ List

August 22nd, 2014

  Inc. Magazine Unveils 33rd Annual List of America’s Fastest-Growing Private Companies – the Inc. 5000 AFS Acceptance Ranks No. 4307 on the 2014 Inc. 5000 with Three-Year Sales Growth of 65%     Fort Lauderdale, FL, August 21, 2014 — Inc. magazine yesterday ranked AFS Acceptance NO. 4307 on its 33rd annual Inc. 500|5000, an […]

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PRESS RELEASE: Lisa Sipe joins AFS Acceptance as Chief Information Officer

May 6th, 2014

AFS Acceptance, LLC (AFS) a full-service auto finance company serving the subprime financing needs of franchise and independent car dealers, has hired Lisa Sipe as Chief Information Officer. In her new post on the AFS executive management team, Sipe will lead all aspects of IT including information systems, technology strategy, infrastructure, and security. “We are […]

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PRESS RELEASE: AFS Acceptance Chooses defi SOLUTIONS LOS Technology

April 8th, 2014

AFS Acceptance Chooses defi SOLUTIONS LOS Technology   Fort Lauderdale, FL. April 8, 2014 – AFS Acceptance, LLC (AFS) today announced the conversion of their Loan Origination System (LOS) to the defi SOLUTIONS SaaS platform. With defi SOLUTIONS, AFS can easily configure their LOS system to meet expanding markets and ongoing portfolio needs.  defi SOLUTIONS […]

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FINALIST: Best Places To Work in South Florida!

January 17th, 2014

It’s official!  AFS Acceptance has been names as a finalist in the South Florida Business Journal’s annual “Best Places to Work”  competition.  With a field of over 200 competitors, we are thrilled to be in consideration for an award that showcases our commitment to making our company an engaged, supportive, and fun environment. Dov Szapiro, […]

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Things are looking up!

September 2nd, 2013

As reported by Professional Tool & Equipment News, the August 2013 auto market numbers were up! “Edmunds.com, the resource for car shopping and automotive information, forecasts that 1,455,911 new cars and trucks will be sold in the U.S. in August for an estimated seasonally adjusted annual rate (SAAR) of 15.6 million. The projected sales will […]

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AFS Aquires Assets & Intellectual Property from PACCO

August 21st, 2013

Here we GROW again! AFS Acceptance has recently expanded is business by acquiring the assets and intellectual property of Preferred Automobile Credit Co. (PACCO), a Pennsylvania based auto finance company. “Though this isn’t our core model, an opportunity was presented to us and we needed to explore it. Once we did our due diligence and […]

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Press Release: AFS Acceptance Secures $20M & Increases Credit Facility to $75M

August 1st, 2013

AFS ACCEPTANCE SECURES $20 MILLION AND INCREASES CREDIT FACILITY TO $75 MILLION Company continues expansion of its subprime automobile financing program Fort Lauderdale, FL., July 29th, 2013 – AFS Acceptance, LLC (www.AFSAcceptance.com), a full-service auto finance company serving the subprime financing needs of franchise and independent car dealers, has secured $20 million in subordinate debt […]

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Independents Facing Big Challenges in Used-Car Acquisition

June 28th, 2011

In a market where wholesale auction volume is even tighter than overall used supply, independent dealers face an especially “tough situation” when it comes to acquiring the vehicles they need on their lots, suggested Jonathan Banks, a senior analyst with NADA Used Car Guide. In his Used Car & Truck Blog, Banks points out that […]

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