Auto Financial Group (AFG)


$750 set up & $1.00 per submission to AFG

Auto Financial Group (AFG), a Houston-based company, provides an online, residual based, walk-away vehicle financing product called AFG Balloon Lending, as well as vehicle leasing and vehicle remarketing to financial institutions across the United States.

AFG provides:

  • User friendly technology – A customized web-based residual value and payment quoting calculator
  • Guaranteed future value – 100% of the residual value is guaranteed
  • End of term process – Auto Financial Group completely manages the disposition of the vehicle

Program Summary:

  • Walk Away Balloon Loan (Direct channels and Indirect Channels*); Lease (Indirect Only)*
  • New and used vehicles up to 5 calendar years old
  • Flexible terms from 24-72 months
  • Flexible annual mileage allowances including 7.5K, 10K, 12K, 15K and 18K
  • Discounted fee per funded loan on Walk-away Balloon and Leasing programs

*Please note that this integration is only for the direct balloon loan program.

Lender Benefits:

  • Higher yield than conventional auto financing
  • Improved member retention
  • Expanded market share/portfolio growth

Borrower Benefits:

  • Lower monthly payments than conventional financing
  • Reduced/eliminated negative equity
  • No pre-payment penalties or early termination fees

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