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Mar24

AFC Deferment announcement

Categories // Dealer Alerts, COVID-19, Dealer Alerts

AFC Customer Relief Program | Breathe in, breathe out. We're here to help.

To Our Valued Customers:

AFC recognizes the growing uncertainty and concern surrounding the COVID-19 coronavirus and our hearts go out to those impacted by this unprecedented pandemic. Please know that the health and economic wellbeing of our customers is paramount to all of us here at AFC.

Small businesses have been hit especially hard during the current economic events, so I want to personally reassure you that AFC is here for you in this time of great need. Today, I’m proud to introduce AFC’s Customer Relief Program, which provides additional support to customers who may experience longer turn times and other business challenges.

Effective immediately, eligible customers may now choose to defer curtailment payments due through May 31, 2020, on eligible unsold vehicles.

  • Customers benefit by having the option to make no payments on any new or existing unsold eligible vehicles coming due between now and the end of May
  • Includes principal, fees and interest on eligible vehicles on unsold vehicles
  • AFC’s March interest rate decrease (150 basis points in the US and 100 basis points in Canada) offers customers some of the lowest interest rates available
  • We’ll continue to monitor market conditions and review any program adjustments we can make to help customers further

Please call your dedicated local team about any hardships or issues you may be facing. We’re here for you with the solutions and resources you need to manage your unique business.

Click the 'Learn More' button below for terms and conditions and more information on how AFC’s Customer Relief Program can help keep your business moving forward

LEARN MORE
AFC remains open for business (unless otherwise impacted by government mandates), however in complying with health and safety regulations, outside guests will not be permitted to visit local branches during this time. Customers are encouraged to conduct all regular transactions on AFCdealer.com ® or AFC On the Go mobile app. As always, please call or email your local branch team for further assistance.

We appreciate your continued partnership with AFC as we navigate through these challenging times together. Please keep in touch and stay well.

Best Regards,

Jim Money

President, AFC