Auto Financial Group
Financial ServicesTexas, United States11-50 Employees
Auto Financial Group is a Houston-based financial services company established in 1999 that provides residual-based vehicle financing and vehicle remarketing solutions to financial institutions across the United States. Its primary offering, the AFG Balloon Lending program, enables lenders to offer lower payments with flexible terms while maintaining actual vehicle ownership and several end-of-term options, including surrender in lieu of the final payment. The company also operates an AFG Remarketing program designed to optimize asset sales by connecting lenders with a broad selling network to maximize returns. Targeting credit unions and banks, AFG aims to deliver higher loan yields for its clients by handling the end-of-term process and matching vehicles to buyers efficiently. AFG has pursued strategic partnerships and organizational growth through activity such as an integration with MeridianLink, completed in late 2022, reflecting its focus on expanding its platform capabilities for financial institutions.